Tag Archives: Nafta

López Obrador transition off and running

Mexico put an end to months of dire warnings, hand wringing and speculation on July 1 with a presidential election that appears to have taken place without large scale violence or tampering.  To recapitulate, leftist candidate Andrés Manuel López Obrador won the election by a wide margin and the losing candidates conceded without delay.  The election was widely covered in the international press so we will not go into the details here.  We would, however, like to offer up some comments from our perspective on what’s happening during the five-month transition period before Mr. López Obrador is set for inauguration as Mexico’s next president on December 1. Continue reading López Obrador transition off and running

Uncertainty prevails as Mexico election looms

The world is now 18 months into the Donald Trump era, and there is no doubt the U.S. president is making an impact, not only on the United States but on its trade partners as well.  The U.S. media depict in alarming terms a country in a deepening state of social conflict, with polarized liberals and conservatives abusing one another in public and political candidates risking their careers by opposing the strongman in the White House.  We’ll save the 1930s-Nazi-Germany parallels for the cantina but from our vantage point here in Mexico, the ongoing state of uncertainty in U.S. public policy is a real nuisance for North America across the board. Continue reading Uncertainty prevails as Mexico election looms

Mexico-Europe FTA sparks cheesy wrangle

The North American Free Trade Agreement (NAFTA) is getting all the headlines these days, but under the radar, Mexico is also renegotiating its Free Trade Agreement (TLCUEM) with the European Union (EU) at the same time.   Negotiators for Mexico and the EU recently concluded the ninth round of talks, and while progress overall seems to be satisfactory, a cheesy conundrum has hove to the fore.  The EU seeks to reserve denomination of origin rights to the names of numerous cheeses, but Mexico is balking hard at some of the items on the list.  The case of Manchego cheese is among the top sticking points.  Manchego cheese, named after its region of origin in Spain, is a beloved Spanish artisanal sheep’s milk product.  Mexico, however, produces large quantities of a decidedly un-gourmet cow’s milk cheese labeled as Manchego.  If the EU were to have its way, Mexican producers would no longer be permitted to use the Manchego name on their cheese products. Continue reading Mexico-Europe FTA sparks cheesy wrangle