Highwind Traders S de RL de CV deal.
Enviado por claudiamd • 18 de Noviembre de 2016 • Trabajos • 756 Palabras (4 Páginas) • 787 Visitas
Name: Claudia Mercado Díaz | Enrollment: 2770432 |
Course: Doing Business in Europe and Asia | Professor name: Francela Elvetia Villarreal Umana |
Module 1: General frameworks in Europe and Asia | Activity: Assignment 1 |
Date: November 14th, 2016 | |
Bibliography: Tecmilenio University. (2015). Lessons, Tecmilenio. Retrieved from: Promexico. (2016). The Mexican Automotive Industry: current situation, challenges and opportunities, Retrieved from: http://comunicacion.promexico.gob.mx/publicaciones/libros/the-mexican-automotive-industry.pdf Delegation of the European Union. (s.f.).EU-Mexico Trade Relations. Retrieved from: https://eeas.europa.eu/delegations/mexico/eu_mexico/trade_relation/index_en.htm |
Objective.
To learn about specific tools in free-trade agreements and use them for your own benefit.
Guidelines.
Mexico has already signed a free-trade agreement with the European Union, but we still have a significant trade deficit with that economic bloc. What kind of opportunities are Mexican businesses missing there?
- Do some research about current trade stats between Mexico and the EU regarding the auto industry:
In the light vehicle segment Europe sells accounted for 47.0% of total sales in 2015
Europe consumption for the heaviest vehicles in the period is 12.6%.
In terms of engine consumption, Europe is 22.8%,
Since engine production and sales are linked to global production of light and heavy vehicles, it is only natural that countries like China and the United States are their main destinations
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From 2010 through October 2015, Eastern Europe received 45 investment projects for the design, development, testing and research of components for the automotive and auto parts industry. The main receptor of these projects was Romania, which received 2.104 billion dollars in investment in the period —69.8% of the total foreign direct investment received by the entire region. Poland was next with 12.2%, followed by Hungary with 9.2% and the Czech Republic with 7.2%
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- Look for the specific benefits of that industry for Mexico under the current free-trade agreement with them.
The main statement in the FTA EU-MX states:
To be conferred “original” status, the value of all the not originary materials used to manufacture the product should not exceed 40% of its factory price.
Additionally, in 2014 Mexico reduced its average import tariff for all countries from 13% to 7.5%, facilitating access to inputs and final products at competitive prices and helping increase the profitability of companies established in the country.
- Write a memorandum with your findings addressing the CEO of a leading Mexican auto supplier company; add a brief forecast about what you think might happen within the next six months (and why).
Deliverable.
Written memo with your findings and recommendations to the CEO of a Mexican auto supplier company.
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