Brazil-Mexico Economic Complementation Agreement Nº 53

The Economic Complementation Agreement between Mexico and Brazil entered into force on 2003, fully or partially eliminating import tariff for most energy products and technologies, including: 

• Agglomerated and reduced iron;
• Alumina, scrap metal, ammonia, crude steel;
• Aluminium, nitrogen fertilizers;
• Solar PV modules, solar cells, solar wafers;

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 50% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

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