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José Miguel Zozayacorrea has been highly recommended as a leading lawyer in Corporate/M&A General Business Law in Guadalajara by Chambers Latin America. The Client's guide 2018 www.chambersandpartners.com
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Potential Outcomes for Mexico – USA if (in the case) NAFTA is dissolved
At this specific moment, it is extremely difficult to forecast a mandatory decision by the US Government to dissolve NAFTA. The reasoning behind this is that Mexico imports 80% of more than 30 states of the US and is the first partner to the US as to trade behind China and Canada together (sources CCE – Consejo Coordinador Empresarial). Therefore, Mexico is the first partner, which behind trade, is the less political disrupted partner against the US and much more a friendly neighbor country to the US. However, and, in the event of an unfortunate elimination of NAFTA by the US, we do have to consider that Mexico has nearly 70 trade Treaties and / or Alliances in the entire world, making Mexico a substantive attraction for direct and indirect foreign investment, to our country. It is imperative to say that eventough most of this Treaties and / or Alliances are not entirely used, at its in full trade scale usage. That does not mean that in case of any need, national entrepreneurs and