El Economista, 12/3/09
Twenty two developing countries, among them Mexico, finalized a framework agreement to reduce 20% of their tariffs on 70% of products that they traded among them, the text of which will be finalized no later than September 2010, before its entry into force.
The deal was agreed upon as part of the Seventh Ministerial Conference of the World Trade Organization (WTO), which concluded yesterday in Geneva, Switzerland, and in which Gerardo Ruiz, economy secretary, confirmed that the government of Mexico will continue in its process unilateral opening.
