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Free Trade Agreement - Mexico and Bolivia

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The Economic Complementation Agreement between Bolivia and Mexico entered into force in June 2010. It provides for the elimination of border tariffs for most energy products, including: 
- Agglomerated and reduced iron
- Alumina
- Scrap metal
- Ammonia 
- Crude steel 
- Aluminium 
- Nitrogen fertilisers 
- Solar PV Modules
- Solar Cells and Solar Wafers
- Polysilicon
- Battery packs and battery cells
- Electrolysers 
- Heat pumps 
- Electric cars and ICE cars 

Rules of origin delineated in the Agreement dictate that goods may benefit from preferential tariff treatment if:

  • wholly produced, obtained or having undergone a significant production process in one one of the signatory countries 
  • the total value of incorporated non-originating material remains below 50 percent of the regional value of the product. 

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