US-based Corn Products International has been awarded damages of over $58m in a dispute with Mexico over violations of the North America Free Trade Agreement.
Presidents Luiz Inacio Lula da Silva of Brazil and Felipe Calderón of Mexico agreed Monday to explore the possibility of a free trade agreement as part of a strategy to reduce their dependence on the industrialised world.
Le président brésilien Luiz Inacio Lula de Silva et son homologue mexicain Felipe Calderon ont appelé lundi à une alliance stratégique entre les deux pays, sur la base du libre-échange et de la coopération entre les compagnies énergétiques d’Etat Petroleos Mexicanos (Pemex) et Petrobras.
Mexican President Felipe Calderon says he supports the idea of a free trade agreement between Brazil and Mexico, the two biggest economies in Latin America.
As Mexican security budgets inflate with US aid-to combat the rising power of drug trafficking and organized crime-rights groups say these funds are increasingly being used to protect the interests of multinational corporations.
The new swine flu epidemic that threatens to spread to more regions of the world is nothing new. It is part of an overall crisis, and it stems from industrial animal farming, which is dominated by transnational companies.
We, the people of Mexico, also want to renegotiate NAFTA to protect our corn, the jobs of millions of farmers, and the way of life in the Mexican countryside
The goal is to reverse adverse effects of NAFTA: save and share traditional farming methods, restore food independence and halt the migration of Mexican farmers to the United States.
The report looks at how financial services liberalisation, and especially the entry and ongoing presence of foreign banks in the global south, as promoted at the World Trade Organisation and through European bilateral trade deals, leads to the prioritisation of richer customers and larger companies resulting in poorer customers losing out.
A year-end report by the Pentagon’s Joint Forces Command names two countries as likely candidates for a “rapid and sudden collapse” — Pakistan and Mexico. Arguably, NAFTA is to blame for what could be Mexico’s impending destabilization.
Recently it was reported that Israel and Mexio signed an amendment to their FTA of 2000 aimed at solving a problem faced by many companies that want to transit products made in either Israel or Mexico through a third country, such as the US or the EU.
Amid the worldwide economic slump, many in Los Rodriguez and communities like it across Mexico that have heavily invested in trade with the United States are starting to feel - and fear - globalization’s sting.
Thousands of campesinos from across Mexico blocked central avenues of the capital Jan. 30, many having traveled for days for the protest directed at President Felipe Calderón. Protesters decried that Calderón has instated a freeze on petrol prices, but not diesel-on which tractors and other farm equipment run. They also rejected Calderón’s free trade policies, which they say hurts the farm sector.
The North American Free Trade Agreement, which so tightly bound Mexico and the United States and turns 15 on Thursday, is helping drag Mexico down with the United States
Foreign Trade and Tourism Minister, Mercedes Aráoz, confirmed today that Peru expects to finalize a free trade agreement with Mexico by summer next year.
The newly signed amendment allows for goods originating in Israel or Mexico to undergo minimal processing or storage in a third country such as the US or EU, and still retain duty-free status.
Mexican President Felipe Calderon warned Barack Obama against trying to renegotiate the North American Free Trade Agreement, saying restricting commerce would only encourage illegal Mexican emigration to the US.
Since the passage of the North American Free Trade Agreement (NAFTA) in 1993, the US Congress has debated and passed several new bilateral trade agreements with Peru, Jordan and Chile, as well as the Central American Free Trade Agreement. Congressional debates over immigration policy have proceeded as though those trade agreements bore no relationship to the waves of displaced people migrating to the United States, looking for work.
New Zealand companies should take advantage of Mexico’s free trade agreement with the United States and look at entering the lucrative US market via its neighbour, a visiting trade representative says.
The Mexican government dismisses talk of disbanding NAFTA as politics, the country’s economy minister said Friday, but it would back the idea of a new round of North American trade talks, with the aim of including issues such as the environment and labor.