ProMéxico MIM

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Signing Reciprocal Investment Promotion and Protection Agreements (RIPPAs) is part of a strategy established by the Mexican government to provide national and foreign investors a legal framework that offers stronger protection for foreign investment in Mexico and Mexican investment abroad.

In general, RIPPAs include the following topics: investment definition, scope of application, promotion and admission, investment treatment, expropriation, transfers and resolution of Investor-State and State-State controversies.

Mexico has signed 30 of these agreements, as shown in the next table.

RIPPAs signed by Mexico
Country Year   Country Year   Country Year
Switzerland 1996   Korea 2002   United Kingdom 2007
Argentina 1998   Cuba 2002   Trinidad and Tobago 2007
Netherlands 1999   Greece 2002   Spain 2008
Denmark 2000   Italy 2002   India 2008
Finland 2000   Uruguay 2002   Slovak Republic 2009
France 2000   Belgium-Luxemburg 2003   China 2009
Portugal 2000   Czech Republic 2004   Belarus 2009
Germany 2001   Iceland 2006   Singapore 2011
Austria 2001   Panama 2006   Bahrain 2014
Sweden 2001   Australia 2007   Kuwait 2016

Source: Secretariat of Economy, 2016.

Furthermore, some of the Free Trade Agreements that Mexico has signed include a chapter on investment that is similar to a RIPPA, for example, the agreements signed with the US, Canada, Chile, Colombia and Japan.

This institutional framework brings legal certainty to businesses that decide to establish operations in Mexico.