Internet Securities Inc.
The Mexican Foreign Trade Council's president, Carlos Rojas Magnon, has reported that Mexico is not fully utilizing its free trade agreements (FTAs) with other countries. Despite having agreements with the US and Europe, Mexico's trade activity is limited, with many businesses missing out on opportunities to
Online information services
Mexico's Secretary of Economy, Fernando Canales Clariond, emphasized the need for developed countries to eliminate agricultural subsidies and reduce domestic support to promote fair trade practices during the annual Ministerial Conference of the Organization for Economic Cooperation and Development (OECD) in 2004. Mexico has committed to advancing negotiations
Online information services
President Vicente Fox highlighted the need for Mexico to diversify its trade and move beyond its reliance on the North American Free Trade Agreement (Nafta). Despite being the seventh greatest export power in the world, Fox cited the country's slow progress in exploring other markets, particularly in Europe
Internet Securities Inc.
The demand for security systems in Mexico City has increased significantly in the last five years, with a notable rise in the sales of close-circuit television (CCTV) and electric fences. According to companies in the sector, security systems have seen a substantial growth, with a 50% increase in the last
Online information services
Norman Garcia, the Honduran Minister of Commerce, has arrived in Mexico to negotiate the issue of textiles as an annex to the free trade agreement (FTA) between the two countries. The negotiation is crucial for increasing benefits from the US-Honduras trade agreement, which allows imports of Mexican cloth to Honduras
World Trade Organization
A coalition of US high-tech companies, including Microsoft, America Online, and IBM, has endorsed a policy plan aimed at keeping trade barriers out of online commerce. The plan, which will be presented to the World Trade Organization (WTO) during a meeting in Seattle, calls for permanent customs duty moratoriums on
World Trade Organization
President Clinton, under pressure from Vice President Al Gore, has established new procedures requiring more extensive environmental assessments of new international trade agreements. This move is seen as a significant step towards balancing economic growth with environmental protection. The administration aims to conduct "serious environmental reviews of all major
International trade
The US may impose trade curbs on up to $800 million worth of Chinese exports, including toys, textiles, shoes, and electrical goods, if China fails to meet US demands to end copyright piracy. The move follows a breakdown in talks to get a Chinese agreement to end intellectual property rights
International trade
China has issued a strong warning to the United States, stating that any attempt to impose sanctions or retaliate for intellectual property rights violations could lead to a trade war. This comes as the two countries face a deadline for strengthened copyright protection, with the US considering imposing sanctions on
European Union
The European Commission has adopted a proposal for the European Union to forge closer political and economic ties with the four MERCOSUR countries of South America, including an industrial free trade zone and liberalized agricultural exchange. This move aims to establish a 'pioneering' interregional association between multinational trade
Sanctions (International law)
The United States imposed trade sanctions on Japan, accusing the country of unfair barriers to auto parts imports, while also reaching agreements in several smaller trade sectors. US Trade Representative Mickey Kantor announced the move, claiming that Japan's treatment of imported aftermarket auto parts is "so obvious
Sanctions (International law)
As the Friday deadline approaches, President Clinton's Administration faces a critical decision on whether to initiate punitive tariffs on Japan or pursue a last-minute negotiated solution. The confrontation, which has been in the works for over 14 months, has become increasingly complex, with both sides insisting on their
