Japan’s second free-trade agreement, the one with Mexico that is approaching its first anniversary, has been a big success with a 30 percent jump in bilateral trade, Mexican Ambassador Miguel Ruiz-Cabanas said Wednesday.
The labor side agreement of NAFTA hasn’t forced anybody to take responsibility. It’s not an effective guarantee of anyone’s rights.
US drug agents say that free trade with Mexico has had an ugly and unintended consequence: Just as legitimate business people have flocked to Nuevo Laredo, so have criminals.
Five and a half years after the implementation of the Mexico-European Union free trade agreement, the first such accord between Europe and a country in Latin America, the partners tout its success, while social activists complain that it has failed to deliver on its promises.
Australia and Mexico will explore the viability of a free trade agreement between the two countries.
On the final day of the 4th Summit of the Americas, in Mar del Plata, Argentina, the president of Mexico, Vicente Fox, said that he is negotiating his country’s entry into the Mercosur in the middle of next year.
But in just over a decade, an estimated 1 million farmers in rural Mexico have lost their livelihoods.
Last year was the tenth anniversary of the North American Free Trade Agreement (NAFTA), and nearly all evaluations of the agreement conceded that the period showed negligible or negative results for Mexico. As the developing country partner of the agreement, Mexico’s experience under NAFTA has major implications for other developing nations negotiating FTA’s, particularly with the United States.
South Korea and Mexico have agreed to discuss a limited economic cooperation after failing to open talks on a free trade agreement, Seoul’s presidential office and foreign ministry said on Saturday.
Last year represented a historic moment in the economic relationship between Latin America and Korea.
South Korean President Roh Moo-hyun’s visit here will likely be a great challenge for the two countries, which are haggling over a free trade agreement (FTA) across the Pacific Ocean.
The leader of Mexico’s largest farm union has demanded a review of the North American Free Trade Agreement before final tariff reductions take effect in 2008.
The launch of free trade agreement (FTA) talks between South Korea and Mexico have stalled, on the latter’s request for an additional concession.
Mexico’s assembly-for-export industry, which has struggled to compete with China, will likely be hurt further by the proposed Central American Free Trade Agreement, officials said Wednesday.
South Korean President Roh Moo-hyun says he prefers an economic partnership agreement over a free trade pact with Mexico. In an interview with news daily "El Sol de Mexico," President Roh said he would propose a comprehensive economic partnership when he makes an official visit to the country in September.
The agreement deserves particular attention in the U.S., not only because it offers insights into future Japanese FTAs, but also because of its long-range implications for integration of North American and Japanese markets.
Promoters of the proposed Dominican Republic/Central American Free Trade Agreement (CAFTA) have asserted that it will provide significant benefits to the U.S. economy, especially to the agricultural sector. Similar promises were made in the debate on the North American Free Trade Agreement in 1992 and 1993. However, since that time NAFTA has failed to live up to these promises, and similar promises made for CAFTA are even less likely to be fulfilled.
Jamaica and Mexico have agreed to joint action to promote bilateral trade and investment between the two countries, following discussions between Prime Minister PJ Patterson and Mexican president Vincente Fox yesterday.
Calling for a boost in bilateral trade between India and Mexico, a visiting delegation of Mexican industrialists on Thursday floated the idea of having a Free-Trade Agreement (FTA) between the two countries.
Many people in Japan doubtlessly woke up Friday morning ignorant of the fact that April 1 was Day One of free trade with Mexico.