April 24, 2014
The announcement followed the visit to Asuncion of Colombian Deputy foreign minister Patti Londoño who met with her peers in the framework of the Paraguay-Colombia political and trade discussions mechanism, according to what was agreed by foreign ministers Eladio Loizaga and Maria Angeles Holguin last 24 March.
”We are very pleased to have Paraguay as an observer of the Alliance (Chile, Peru, Colombia and Mexico), but each country must agree on the areas it will be concentrating efforts and links with the founding members of the group“, said Ms Londoño.
”The Pacific Alliance already has 30 observer-countries, which is part of the integration effort in several areas and the links we establish with observers”, added the Colombian official.
November 25, 2013
The New York Times, 11/24/2013
By Laura Carlsen
Nafta is limping toward its 20th anniversary with a beat-up image and a bad track record. Recent polls show that the majority of the U.S. people favors “leaving” or “renegotiating” the model trade agreement.
While much has been said about its impact on U.S. job loss and eroding labor conditions, some of the most severe impacts of Nafta have been felt south of the border.
April 9, 2013
Mexico on Monday gave its support to Japan’s bid to join trade talks in the Asia-Pacific region that would create the world’s largest free trade zone. Japan asked to join the Trans-Pacific Partnership (TPP) in March and is awaiting a formal decision by the 11 current participating countries, which could come as early as this month.
“We express our sympathy, support and backing for the interest that Japan has shown in participating in the TPP,” Mexican President Enrique Pena Nieto said at a joint news conference with Japanese Prime Minister Shinzo Abe in Tokyo. If Japan, the world’s third-largest economy, joins the TPP, the free trade zone would cover nearly 40 percent of world economic output.
July 9, 2012
M. Angeles Villareal, 07/03/ 2012
On June 18, 2012, President Barack Obama announced that an invitation was extended to Mexico to join the ongoing negotiations for the Trans-Pacific Partnership (TPP), a proposed free trade agreement involving the United States and eight other countries. Canada was also invited to join the negotiations.
Mexico’s pursuit of FTAs with other countries not only provides economic benefits, but could also potentially reduce its economic dependence on the United States.
June 5, 2012
El Economista, 6/5/2012
The United States and eight other countries that are negotiating a treaty for free commerce in the Asia Pacific region are still undecided about an offer made almost seven months ago by Japan, Canada and Mexico to join these conversations.
This information comes from the United States Trade Representative (USTR) that also assured that “once again, the ministers thanked the interest of Canada, Japan and Mexico to join the TPP (Trans-Pacific Partnership).” According to this information release, the ministers spoke about the progress of bilateral consultations of each member country with Canada, Japan and Mexico, respectively.
“Decisions on the admittance of these candidates into the TPP have not been made,” declared the USTR in an information release signed in Russia and added that consultations will surely continue.
May 16, 2012
Office of the United States Trade Representative, 5/16/12
The United States said today that TPP partners – Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam – made better-than-expected progress at the twelfth round of negotiations that formally concluded today outside Dallas, Texas.
U.S. negotiators have reported to U.S. Trade Representative Ron Kirk that the progress achieved during this round has further narrowed differences in the text and the teams can now see a clear path forward toward conclusion of most of the more than 20 chapters of the agreement. A few TPP negotiating groups will continue to meet in Texas for the remainder of this week.
The TPP agreement is an important element of the Obama Administration’s efforts to support the creation and retention of high-quality jobs for Americans by increasing exports to the vibrant economies of the Asia-Pacific region. The United States and its eight partners are determined to expeditiously complete a comprehensive, next-generation agreement. During this eleven-day negotiating round, the teams focused heavily on making as much progress as possible on the texts of the agreement.
May 4, 2012
The Dallas Morning News, Bruno Ferrari, 5/4/12
While governments and the public have been concentrating on challenges to global financial recovery, a historic economic alliance has been budding in meetings held around the world. The alliance is called the TPP, for the Trans-Pacific Partnership, an ambitious accord to promote a significant expansion of trade among Pacific nations, and this week Dallas hosts the 12th round of TPP negotiations.
What exactly is the TPP? It is composed of nine nations — the United States, Australia, Brunei, Chile, Malaysia , New Zealand, Peru, Singapore and Vietnam. Their aim is to create a free-trade zone that not only eliminates tariff and nontariff barriers to goods and services but also develops regional supply chains to speed the production, sale and movement of goods, coordinates regulatory regimes, helps small- and medium-sized firms export more, and ensures state-owned enterprises compete fairly with private companies.
The TPP negotiations are the most important trade talks in the world, and the TPP accession process requires consensus. The United States should take the lead to give Mexico a seat at the table.