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36C H A P T E R I IFurthermore, in 1993, with the adoption of the North American Free Trade Agreement(Tratado de Libre Comercio de América del Norte, NAFTA), Mexico entered a newstage with regard to the regulation of foreign investment. In this new stage, in orderto attract foreign investment, Mexico executed numerous international treaties thatgrant certain rights to foreign investors, such as national treatment, most-favorednationtreatment, fair and equitable treatment, full protection and safety standards,freedom to transfer, right to prompt, adequate, and effective compensation in thecase of expropriation, and access to international arbitration as a mechanism to guaranteecompliance with the above-mentioned rights.As of this date, Mexico has executed 25 Bilateral Investment Treaties (BITs) and 11Free Trade Agreements containing a chapter guaranteeing the reciprocal protection ofinvestments.In this respect, our country has executed BITs with Germany, 1 Argentina, 2 Australia, 3Austria, 4 South Korea, 5 Cuba, 6 Denmark, 7 Spain, 8 Slovakia, 9 Finland, 10 France, 11 Greece, 12India, 13 Iceland, 14 Italy, 15 The Netherlands, 16 Panama, 17 Portugal, 18 United Kingdom, 19Czech Republic, 20 Sweden, 21 Switzerland, 22 Trinidad and Tobago, 23 Uruguay, 24 and the EconomicUnion of Belgium and Luxembourg. 25 Of these, all are in force except those executedwith Slovakia and India, which have not yet been approved by the Senate.__________1Published in the Official Federal Gazette (Diario Oficial de la Federación), March 20, 2001.2Official Federal Gazette, August 28, 1998.3Idem, June 12, 2007.4Idem, March 23, 2001.5Idem, August 9, 2004.6Idem, May 3, 2002.7Idem, November 30, 2000.8Idem, March 19, 1997.9Entered into on October 22, 1999.10Official Federal Gazette, November 30, 2000.11Idem, November 30, 2000.12Idem, October 11, 2002.13Entered into on May 21, 2007.14Official Federal Gazette, June 6, 2006.15Idem, January 17, 2003.16Idem, June 10, 2000.17Entered into on October 11, 2005.18Official Federal Gazette, January 8, 2001.19Idem, July 25, 2007.20Idem, March 25, 2004.21Idem, July 27, 2001.22Idem, August 20, 1998.23Idem, September 12, 2007.24Idem, August 9, 2002.25Idem, March 19, 2003.

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