Tag Archives: Mexico trade with Asia

Mexico eyes pros and cons of trade under TPP

TPPIn October 2015, officials from 12 countries bordering the Pacific ocean, including Mexico and the United States, reached agreement on the Trans-Pacific Partnership (TPP) trade facilitation accord. The text of the pact, which still must be approved by the participants’ parliamentary bodies, was released only this past November, opening debate on its merits to the sectors of the economy that may be affected by the deal in each country. Although Mexico, the United States and Canada have long enjoyed free trade under the North American Free Trade Agreement (NAFTA), the new agreement stands to impact North American relations by increasing access to trade with Asian TPP member nations. Continue reading Mexico eyes pros and cons of trade under TPP