World Market Integration
Commercial Agreements
Map

RATIFIED:

  • Economic Partnership Agreements (EPA): European Union, Japan, P-4(1).
  • Free Trade Agreements (FTA): Canada, South Korea, China, Central America (El Salvador, Costa Rica, Honduras), Mexico, Panama, United States, EFTA(2).
  • Economic Cooperation Agreements (ECA): MERCOSUR(3), Venezuela, Bolivia, Ecuador.
  • Partial Scope Agreements (PSA): India, Cuba.
  • A flat 6-percent tariff (reduced unilaterally by 1 percent a year from 11 percent in 1998) is levied on imports from other countries. Effective tariff is 2 percent.

PARLIAMENTARY APPROVAL PENDING:

  • Free Trade Agreements (FTA): Colombia, Peru, Guatemala

TALKS COMPLETED:

  • Free Trade Agreements (FTA): Australia, Thailand.

TALKS IN PROGRESS:

  • Free Trade Agreements (FTA): Nicaragua, Malaysia, Turkey, Vietnam.

(1) New Zealand, Singapore, Brunei Darussalam, Chile.

(2) Iceland, Liechtenstein, Norway, Switzerland.

(3) Argentina, Brazil, Paraguay, Uruguay.

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