A general overview of the Mexican battery industry with the effects and opportunities that NAFTA will have on it
- Acumuladores Mexicanos, Monterrey (Mexico)
This article, overviewing the past and future of the Mexican battery manufacturing industry, was originally presented at the 1994 IBMA Convention. The past history of Mexican battery manufacturing remains factual and unchanged. However, the present is still developing in ways unforeseen at this time, especially with the acceptance of Mexico into the the North American Free Trade Agreement (NAFTA). Previous to NAFTA, the Mexican battery market was protected by import duties approaching one hundred percent. This protection made the battery industry in Mexico inefficient against international competition. Mexico was accepted into the General Agreement of Tariffs and Trade (GATT) in 1985 which made the economy start to open, with import duties reduced and import licenses required for only a few items. The NAFTA agreement, phased in over fifteen years beginning in 1994, reduces tariffs to zero for trade between Canada, the USA, and Mexico. The articles focuses on trends in automotive parts trade, including batteries; rules of origin that determine whether a good can be traded freely; and evaluation of NAFTA and trade trends in the period Jan. to June, 1994.
- OSTI ID:
- 133249
- Journal Information:
- Battery Man, Vol. 37, Issue 2; Other Information: PBD: Feb 1995
- Country of Publication:
- United States
- Language:
- English
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