‘We want significant increase in trade'

Mexico in negotiations with the European Union to modernise a free trade agreements signed 20 years ago

MEXICO CITY: President Enrique Pena Nieto told German Chancellor Angela Merkel Friday he wanted a significant increase in trade with the European Union, vowing to complete a new trade deal by year’s end. Pena Nieto’s Mexican government has been actively seeking new trade opportunities since US President Donald Trump came to office with a threat to curb Mexico’s privileged access to American markets. Mexico is currently in negotiations with the European Union to modernise a free trade agreement they signed 20 years ago. Both Merkel and Pena Nieto vowed Friday to conclude the expanded deal by the end of the year, as the German leader kicked off a two-day visit to Mexico. “We hope the modernisation of the free trade agreement between Mexico and the European Union leads to a significant increase in our trade relationship,” Pena Nieto told a joint press conference.

Published in The Express Tribune, June 11^th, 2017.

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