|Israel and Mexico Sign Free Trade Agreement|
(Communicated by Foreign Ministry Spokesman)
This morning (March 6), a free trade agreement between Israel and Mexico was signed at the President’s residence by Foreign Minister David Levy for Israel, and Foreign Minister Rosario Green and Minister of Commerce and Industrial Development Dr. Blanco Mendoza Herminio on behalf of Mexico.
Presidents Ezer Weizman and Ernesto Zedillo witnessed the signing, at a ceremony which took place following the official reception held by President Weizman to mark President Zedillo’s arrival in Israel.
The free trade agreement signed today enables a graduated improvement in Israeli access to markets, Israeli participation in government contracts in the fields of communications, medical equipment, education and infrastructure, and improved conditions for Israeli textile exports to Mexico. The agreement, for which negotiations began in 1998 and were concluded in February, will enter into force on July 1, 2000, following its ratification by the two governments.