The Ministry of Foreign Trade and Tourism (Mincetur) estimated Thursday that once the Free Trade Agreement (FTA) between Peru and Mexico comes into force trade will double in five years.
The Peru-Mexico Free Trade Agreement was ratified on Thursday, after Mexico’s Senate had initially rejected it on Wednesday.
During a visit to Mexico last week, Nguyen Thi Kim Ngan, Vietnamese National Assembly Vice Chairwoman, met with Senator Alberto Anaya Gutierrez, General Secretary of the Mexican Labour Party, to review the friendship between the two countries.
The governments of Mexico and five Central American countries signed in El Salvador a free trade agreement (FTA) that unifies the existing ties in one body.
Mexico and the five countries in Central America (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua) are expected to sign a Single Free Trade Agreement on Nov. 22, El Salvador’s Ministry of Economy announced.
The United States on Sunday welcomed Canada and Mexico’s willingness to join negotiations on a Pacific free trade accord.
Mexico’s agriculture and fishing industries called on the Senate Monday to hold off on ratifying the free trade agreement with Peru until a better deal can be negotiated.
Representatives of the governments of Mexico and the Central American countries wrapped up a fifth round of talks on a regional free trade agreement last week. The negotiations took place in Mexico City, with the next round of talks to be held in August in El Salvador.
Mexico said Sunday the fifth round of negotiations for forming a single free trade agreement (FTA) with Central America ended with important progress on various issues.
Mexico, like Korea, is a country heavily dependent on exports to sustain its economic growth, but the two countries are currently not seeing eye-to-eye over a possible trade deal.
Peru and Mexico on Wednesday here signed a trade agreement with the aim of jointly reaching out to Asia, an undertaking that they want Chile and Colombia to join.
Mexico and Peru signed a trade agreement on Wednesday after five years of negotiation
Mexico is close to ratifying an expanded free-trade deal with Colombia after three Senate committees gave the green light for the agreement, while progress is also being made in negotiations on a separate free-trade accord with Peru, Economy Secretary Bruno Ferrari said.
People in Chihuahua who were picked up under guidelines of the Merida Initiative on three-year-old warrants were charged not with drugs but with organizing anti-NAFTA protests!
One of Mexico’s opposition parties, the Party of the Democratic Revolution (PRD), has vowed to vote against a potential free trade agreement (FTA) with Peru, Colombia and Brazil on the grounds of food sovereignty, national public health, as well as food and plant sanitation.
The governments of Mexico and Brazil will begin formal negotiations on Feb. 28 to reach a free-trade agreement, newspaper Reforma reported.
California asparagus growers are eligible for a share of $15 million in federal funds to help offset losses suffered as imports from Mexico and Peru erode their market share due to FTAs.
"The government [of Mexico] didn’t so much pull the plug on corn. The government pulled the plug on family farmers who grow corn because the big guys who grew corn got massive subsidies and protection from imports," said Jonathan Fox, an expert on rural Mexico at the University of California at Santa Cruz.
As in Colombia, evidence suggests paramilitaries act as enforcers for foreign corporations. Since NAFTA took effect, US and Canadian mining companies have acquired more than a million hectares of land in Chiapas, displacing thousands of peasants.
Experts say a deal with Mexico could provide important access for Brazilian products to the US and Canadian markets through the North American Free Trade Agreement.