September 22, 2014
The Pacific Alliance is achieving significant results. Three years ago, Chile, Colombia, Mexico and Peru decided to move toward deeper economic and commercial integration. The effort was based on our common belief that the free movement of people, goods, services and capital can help us achieve greater welfare and social inclusion for our citizens. Our four countries represent 214 million people, and our economies have a combined gross domestic product of $2.1 trillion, which accounts for 37 percent of Latin America’s total GDP, averaging a 5.1 percent annual growth rate over the past four years.
September 16, 2014
U.S. oil producers anxious to export booming supplies of domestic crude may have another way around a ban in place since 1975, this one via Mexico. Mexico’s state oil company, Petroleos Mexicanos, or Pemex, has expressed interest in importing some of the lighter oil the U.S. has in abundance, swapping it for heavier Mexican oil that U.S. refineries are able to process. If approved by the U.S. Commerce Department, it would be another exemption permitted by President Barack Obama’s administration, which this year let two oil producers sell a lightly processed form of crude overseas.
September 15, 2014
09/13/14 El Paso Times
Borders with Mexico and Canada offer vast opportunities for commerce and trade, U.S. lawmakers and other leaders said Friday at a Texas-Chihuahua-New Mexico Regional Economic Competitiveness Forum in El Paso. To compete against other regions in a globalized economy, regional leaders need to raise the border’s visibility and demand their fair share of resources for infrastructure and development, said state Sen. José Rodríguez, D-El Paso, one of the featured speakers at the forum that attracted more than 300 people.
September 10, 2014
Talks between 12 nations drafting a Pacific-region trade agreement made progress on rules for state-owned enterprises, with differences over tariffs remaining one of the obstacles to a final deal, a top U.S. negotiator said in an interview. “There has been important progress made this week,” Barbara Weisel, U.S. trade representative for Southeast Asia and the Pacific said yesterday in Hanoi, where she led the U.S. delegation in 10 days of talks on the Trans-Pacific Partnership that concluded today. “We have spent successive rounds trying to narrow the gaps. There was very good progress on SOEs here.”
August 28, 2014
08/26/14 Los Angeles Times
Gov. Jerry Brown and Mexican President Enrique Peña Nieto shared the stage in Los Angeles to speak about opportunities for the Golden State and its southern neighbor to work together on business opportunities, climate change and higher education.
“We share language, territory, trade,” Brown said Monday at the Millennium Biltmore Hotel, where Peña Nieto kicked off a two-day trip to California. “We share the sun, the wind, businesses like oil production.”
August 26, 2014
08/26/14 By David N. Biette, Director, Canada Institute, Wilson Center. Americas Trade Policy
Photo by Flickr user I.A.M.
One of the many goals of multilateral trade agreements is to level the field so that companies, industries, and countries compete on the basis of market forces. This requires all participants to be willing to open their markets in protected sectors in exchange for better access to the markets of their trade partners. In order to get the benefits sought, each party to the negotiation has to give up something.
As Canada wraps up its Comprehensive Economic and Trade Agreement (CETA) with the EU, it remains deeply involved in another very ambitious multilateral negotiation: the Trans Pacific Partnership (TPP). Canada became an observer to the TPP negotiations in 2010, but did not become a full member until 2012 because New Zealand, one of the founders of the TPP negotiations, and the United States held up Canada’s request due to concerns about Canada’s supply management of dairy, poultry, and eggs, as well as the longstanding U.S. complaint about Canada’s lack of protection for intellectual property rights.
August 25, 2014
08/25/14 San Gabriel Valley Tribune
Mexican President Enrique Pena Nieto is visiting California at the invitation of Gov. Jerry Brown.
His two-day tour starts in Los Angeles on Monday and comes less than a month after Brown visited Mexico.