United States. Central Intelligence Agency, CIA World Fact Book, 2004 — Mexico (2004)
“ Real GDP growth was a weak -0.3% in 2001, 0.9% in 2002, and 1.2% in 2003, with the US slowdown the principal cause. Mexico implemented free trade agreements with Guatemala, Honduras, El Salvador, and the European Free Trade Area in 2001, putting more than 90% of trade under free trade agreements. The government is cognizant of the need to upgrade infrastructure, modernize the tax system and labor laws, and provide incentives to invest in the energy sector, but progress is slow. ”
