Sydney Morning Herald
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.
St Louis Post Dispatch
But in just over a decade, an estimated 1 million farmers in rural Mexico have lost their livelihoods.
Americas Program, International Relations Center (IRC)
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.
Reuters South Africa
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.
IATP Trade Observatory
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.
Economic Policy Institute
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.
Wall Street Journal
Mazda Motor Corp. has set up a new unit in Mexico to start selling vehicles there, taking advantage of the scheduled implementation of a free trade agreement between Japan and Mexico next year.