Trade agreements: Mexico and the EU want to act duty-free

While Trump collects customs duties, the EU and Mexico open their markets to each other. The new free Trade agreement stipulates that agricultural products should also be traded duty-free.

Trade agreements: Mexico and the EU want to act duty-free

As a counterpoint to protectionist stance of US president Donald Trump, European Union UndMexiko in principle agreed to an update ihresFreihandelsabkommens. "The European Union and Mexico stand for a trade that is open and fair and on Regelnbasiert", said EU Trade Commissioner Cecilia Malmström UndMexikos Minister of Economic Affairs Ildefonso Guajardo. The provisional agreement shall be a duty-free Handelermöglichen.

Among or things, y want to abolish customs tariffs such as orange juice, tuna, honey, agave syrup, fruits, vegetables and dairy products. Also services, telecommunications technology UndRegeln to protect investments are in Abkommenberücksichtigt. By "modernising instrument", Mexican Märkteebenso like Mexico itself would be strengned as a partner of one of WichtigstenWirtschaftsblöcke of world, wrote President Enrique PeñaNieto on Twitter.

Mexico and EU had agreed on 2015 to modernise IhreHandelsbeziehungen. The EU is Mexikosdrittwichtigster trading partner after USA and China. Dergegenseitige Exchange has more than doubled from 2000 to 2015 and is now 53 billion euros.

With Japan, EU had a Freihandelsabkommenabgeschlossen in December; Next week, EU wants to Gesprächemit Mercosur bloc, which includes Argentina, Brazil, Paraguay and Uruguay.

Mexico is also currently trying to reduce its dependence on trade with US. It has been negotiating for eight months with Canada and United States on DieAbschaffung or rewriting joint FREIHANDELSPAKTSNAFTA. US president Donald Trump is threatened with an exit because NAFTA is penalising his country. Mexico wants to achieve a result before MexikanischenPräsidentschaftswahlen on 1 July.

Date Of Update: 23 April 2018, 12:02
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