China open to free-trade agreement with Mexico: Xinhua

6/28/2017 Reuters

A vendor waits for customers during the Expo China Homelife Show, a platform for leading Chinese companies seeking to do business in Mexico, in Mexico City
A vendor waits for customers during the Expo China Homelife Show, a platform for leading Chinese companies seeking to do business in Mexico, in Mexico City, Mexico June 13, 2017. REUTERS/Carlos Jasso

China is open to negotiating a free-trade agreement with Mexico, the official Xinhua news agency reported on Thursday, citing the Chinese ambassador to the country, a fillip for Mexico as it faces uncertainty over its trade deals with the United States.

Qiu Xiaoqi, China’s ambassador to Mexico, said China was willing to discuss a free-trade agreement, although no discussions had been held so far, Xinhua said. Qiu was speaking at an academic event in Mexico City.

“If we negotiate a free-trade agreement, this will greatly favor trade exchanges between our two countries. There is no difficulty from China’s side,” he said.

“Mexico is China’s second-largest trading partner in Latin America and China is Mexico’s second-largest trading partner in the world. This is a highly important relationship and we have great interest in deepening and broadening these ties.”

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