NAFTA: Accelerated Elimination of Tariffs 2002
Canada letter to Mexico
His Excellency Dr. Luis Ernesto Derbez
Secretary of the Economy
Alfonso Reyes 30, Piso 10
Col. Hipodromo de la Condesa
06179 Mexico D.F.
December 12, 2001
Thank you for your letter of December 5, 2001, concerning the understanding
reached by the governments of Canada and the United Mexican States, under
Article 302(3) of the North American Free Trade Agreement (NAFTA), to
accelerate the elimination of customs duties with respect to certain goods
as specified in the enclosed Annex.
I have the honour to propose that this letter and the Annex to this letter,
which are equally authentic in English and French, and your letter to me,
shall constitute an agreement between Canada and the United Mexican States.
Pursuant to Article 302(3) of the NAFTA, this agreement shall supersede duty
rates or staging categories determined pursuant to our respective tariff
schedule to Annex 302.2 of the NAFTA for the goods specified in the enclosed
Annex. I have the further honour to propose that, subject to the completion
or our respective domestic legal procedures, this agreement shall enter into
force on January 1, 2002, and that our two governments shall promptly
provide written notice of the completion of our domestic legal procedures.
Please accept, Excellency, the assurances of my highest consideration.
Pierre S. Pettigrew
Source: International Trade