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Mexico and Japan have signed the Economic Association Agreement (AAEMJ), a trade agreement that will allow Mexico to expand its markets for national products and capitalize on its competitive advantages in the agriculture sector. The agreement was signed by President Vicente Fox of Mexico and Japanese Prime Minister Junichiro Koizumi,
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Secretary of Economy Fernando Canales Clariond estimates that an Economic Association Agreement with Japan will create 82,000 new jobs, double Foreign Direct Investment, and balance the trade deficit. The agreement, which is pending legislative approval, surpasses traditional free trade agreements by addressing the needs of small and medium-sized enterprises
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Mexico's farmers are bracing for the consequences of a potential trade agreement with Brazil, which could lead to significant losses due to lower production costs and a larger market share. The North American Free Trade Agreement (NAFTA) has already caused concern among Mexican farmers, but the stakes are
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Mexican officials, led by Jose Contreras Herminio Blanco Mendoza, Secretary of the Industrial Trade and Development Secretariat (Secofi), are pushing for the ratification of the Economic Complementation Agreement (ECA) with Japan, set to be signed on September 17, 2004. Senator Alejandro Gutierrez has expressed concerns about the trade agreement, citing
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Mexico City has appointed Fernando Mateo Venturini as its representative to the World Trade Organization (WTO), pending Senate approval. The new representative will focus on issues related to the Doha Agenda, specifically eliminating subsidies on agricultural exports by developed countries and reducing domestic subsidies. This move aims to kick-start negotiations
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The Mexican poultry industry is gearing up for increased competition in 2008, investing heavily in local operations to meet the challenge. Last year, Mexico implemented a safeguard to protect its poultry sector from US imports, imposing a 98.9% tax on US chicken drumsticks and thighs. The tax will be
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The Mexican government, private organizations, and sugarcane producers have joined forces to upgrade infrastructure, develop byproducts, and adopt cutting-edge technology to boost the efficiency of the country's sugar plants. This initiative is a response to the sector's need to improve competitiveness before the North American Free
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US negotiators, despite reservations over the latest World Trade Organization (WTO) draft on the Doha Round, are expected to opt for a general framework on opening up the agriculture sector. This move, advocated by former White House trade advisors, would allow President George W. Bush to delay making costly decisions
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Four years after the implementation of the free trade agreement (FTA) between Mexico and Israel, the North American country continues to experience a significant trade deficit. Despite reaching a total trade value of US$370 million in 2003, Mexico's exports to Israel were only US$56 million, whereas
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Mexico's negotiators in the World Trade Organization (WTO) have set a condition for the reduction of import tariffs: the elimination of subsidies granted to the agriculture export industry. This stance was articulated by Angel Villalobos, undersecretary of International Trade Negotiations at the Secretariat of Economy, who emphasized the
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The National Agricultural Council (CNA) has announced its rejection of negotiations for a free trade agreement (FTA) with Brazil, Argentina, and Paraguay. The council's vice president, Alfredo Moises Ceja, stated that Mexico's agriculture sector is sensitive and cannot compete with the export costs of these countries,
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The World Trade Organization (WTO) negotiations are at a critical juncture, with developed and developing countries struggling to find common ground on contentious issues such as farm export subsidies. The G-5 meeting in Paris aimed to bridge the gap, but significant differences remain. US Trade Representative Robert Zoellick warned that
