MercoPress. South Atlantic News Agency
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Mexico preparing WTO case against Argentina over suspension of auto trade accord
Mexico is prepared to take legal actions against Argentina after the government of President Cristina Fernandez announced its decision “to suspend” an automobile trade agreement. Read full article
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Disclaimer & comment rulesWell the candidate of the current government is trailing third in the upcoming Mexican election, and theres even a possibility that the leftwinger Lopez Obrador could win, so hopefully the next Mexican government will be more reasonable and this will all be over in the next couple of months
Jun 27th, 2012 - 10:45 am - Link - Report abuse 0Argentina is keeping the WTO busy, the most reported country in the world.
Jun 27th, 2012 - 11:14 am - Link - Report abuse 0ACE-55 was supposed to help both Mercosur and Mexico, increase our trade relationship, connect our industries. Argentina and Brazil were super happy while they were able to sell a lot more cars to Mexico, it was that way for a long time and none ever said anything, Mexico never protested, but more car makers arrived to Mexico, conditions changed and our industry became more competitive and oh surprise! as soon as Mexico started selling more cars to them, our South American trading partners cried out foul, changed their mind like spoiled children and decided they wanted to change the rules of the game. Many of us think it was a mistake to renegotiate terms with Brazil, we should have taken their word when they wanted out of the agreement a couple of months ago.
Jun 27th, 2012 - 11:33 am - Link - Report abuse 0Of course in Mexico we could care less, whatever deficits we can have with them its really a drop in our bucket, we import more than 300 billion from the world. But we can continue doing business with Canada, the US, the EU, Chile and many other serious nations who know how to keep a trade agreement and know that free trade is better than protectionism.
This situation with these countries changing their minds every time they cannot compete in fair game, as it happened with ACE-55, only goes to show why the Mercosur is becoming more and more irrelevant every day as the very founding countries engage in mutual protectionist measures and childlike attitudes.
This does seem to be an example of Argentina being rubbish at manufacturing and instead of improving productivity they simply ban the competition.
Jun 27th, 2012 - 11:59 am - Link - Report abuse 0Oh dear.
Jun 27th, 2012 - 12:12 pm - Link - Report abuse 0Is this an example of the self serving interest of the Argentines changing things when it doesn't suit them?
I can't wait to see what get's posted by them.
@4
Jun 27th, 2012 - 12:34 pm - Link - Report abuse 0I think its just an example of the rest of the world wanting to bring Argentina into poverty and economic ruin.
For sure, Argentina has provoked many countries on many fronts, but it is undoubtable that the rest of the world has never wanted Argentina to do well.
@3
Jun 27th, 2012 - 12:38 pm - Link - Report abuse 0Agreed, Argentina only stick to the rules when it suits them.“A drop in the bucket ” they are insignificant on the world stage but full of self importance and arrogance.
@7
Jun 27th, 2012 - 12:45 pm - Link - Report abuse 0They why are you here? You think you are significant? Sorry, you aren't.
Strange how it is so frequently argieland that is crying “Foul”. Famously, argieland is only 1 of 193 countries. Now, I wonder why 192 countries should all be determined to see that argieland doesn't do well? Presumably, that also includes countries that say they support argieland over the Falklands issue. Logic says argieland has seriously pissed off 192 countries, or 192 countries object to argieland wanting to operate by its own rules rather than by the rules set down by the rest of the world. Could the two be connected? Could it be that argieland is so arrogant that it thinks it can have anything it wants and dictate the terms? As well as not having to comply with anything that doesn't suit it?
Jun 27th, 2012 - 01:02 pm - Link - Report abuse 0Could that be it, TiT? Could it be that argieland needs to be a bit more honest? A bit more humble? A bit more willing to operate by the rules? A bit more willing to admit when it is wrong? Are these uncomfortable thought, TiT? Think about them anyway. All normal people have to learn, as they grow out of being children, that they can't have everything they want, when they want it, even if they can't pay for it. They also tend to learn that they aren't always right. Argieland is no different. GROW UP!!
@9
Jun 27th, 2012 - 01:05 pm - Link - Report abuse 0Britain has never admited to being wrong.
Have you, thus, ever grown up?
End of debate.
6,8 TTT, you seem to think you are significant but your not.. You're just another Trash Talking Troll!
Jun 27th, 2012 - 01:07 pm - Link - Report abuse 0CFK does not need help from the rest of the world with ruining the economy and making poor more poor, She is doing a fine job of that by herself !
10, good end of your debate, now keep it that way
Pretty soon countries are going to retaliate and start banning all imports from Argentina. What do you think CFK will do then? Every country in the world can live without products from Argentina but they can not survive without U$ coming in regularly for very long.
Jun 27th, 2012 - 01:15 pm - Link - Report abuse 0Argentina is in the weakest position here but I guess they won't realize it until it actually happens and they''ll be forced to beg....We've seen this movie before.
@6
Jun 27th, 2012 - 01:25 pm - Link - Report abuse 0Victim complex? They're all out to get us.Nobody is out to get Argentina, you've brought it on yourselves.There is enough poverty in the world.
Your government tore up a very lucrative hydro carbon agreement, now acting like bullies and you want sympathy?
Please join this new fb page - Falkland Islands Desire The Right - dedicated to Falkland Islands current affairs, keeping the islands free and poking fun at the loonacy of the Argentine government and their various claims and their internet trolls - https://www.facebook.com/Britain1592
Jun 27th, 2012 - 04:04 pm - Link - Report abuse 0@13
Jun 27th, 2012 - 04:35 pm - Link - Report abuse 0I always have said Argentina is punking the world. I think the reaction taking 10 years shows how weak the rest of the world is.
That said, Argentina was attacked first, many many years ago by Europe and the USA, in the 1930s and 1940s, both did their best to sabotage our economy. They partly though not wholy succeeeded.
So the first shot across the bow was from you, not surprising given how dishonorable Europeans and Americans are. They are not worthy of respect.
15. You are kidding right?
Jun 27th, 2012 - 04:50 pm - Link - Report abuse 0How in the world would a “frontier” economy have any effect on the largest richest countries and trading blocks in the world? There is no country (probably not even Uruguay) that needs any products from Argentina but you NEED to sell to US UK EU to survive. You get that right?
You are absurd and possibly delusional.
Mercosur is dead the Pacific alliance is the way forward!
Jun 27th, 2012 - 04:57 pm - Link - Report abuse 0@16
Jun 27th, 2012 - 05:00 pm - Link - Report abuse 0Frontier economy?
You all are desperate to sell your products to us. Look how the whole world is scrambling to get to sell to Argentina again.
It is you who are desperate, hahaha. We can live without being able to tap debt.
OTOH, Europe and the USA, and most of Latin America and Asia, would COLLAPSE as societies tomorrow if they had no access to credit like Argentina's situation for 10 years.
This is what will happen soon, and you will see how civilized you get on both sides of the ocean.
You obviously don't know what the word desperate means.
Jun 27th, 2012 - 05:16 pm - Link - Report abuse 0Desperate is when you don't have enough U$ to pay to keep your population warm.
Or when you have to flee to a outer Province so as not not provoke one of your recent supporters that has turned on you...
@19
Jun 27th, 2012 - 05:22 pm - Link - Report abuse 0Perhaps, but you know I am right, whether you are man enough to admit it or not.
If (WHEN), the EU and USA no longer can borrow either because the market shuts them down, or they default, or lenders simply run out of money, you will see what desperate really means. Your countries have not had a true credit shut-off since the 1930s (unlike Argentina which has had a couple in 20 years)... Thus your entire personal, family, local, provincial, regional, federal, and transnational economic system is based on debt access and you would not even know how to operate on “cash” or barter.
It's going to happen, for all your claims that Romney is going to balance the budget, you are dreaming. He would have to cut massively everywhere and he won't because he loves spending on the military. Since he won't raise taxes, he can't draw from there. And the economy won't grow anywhere near fast enough to plug the whole...
:(
20. Barter system? In the USA! Hahahaha What did an asteroid hit or the Mayan 2012 prediction come true? What a rube.
Jun 27th, 2012 - 05:29 pm - Link - Report abuse 0I don't think you have nay idea how a functioning economy or country really works. You need to travel. We don't all have horse and buggies going down the street picking up garbage you know.
You better increase the amount of tin foil on your head you're getting battier by the minute!
@18
Jun 27th, 2012 - 07:25 pm - Link - Report abuse 0Rule 1 in any commercial transaction- make sure you get paid.
Sometimes overlooked in dealings with Argentina. (ask Repsol).
Yawn, yawn, yawn.
Jun 27th, 2012 - 07:52 pm - Link - Report abuse 0Or is that TTT?
Good night.
Look up NPD (Narcissistic Personality Disorder) and you will find a perfect description of TTT. Just sayin'.
Jun 27th, 2012 - 10:33 pm - Link - Report abuse 0Yawn. How is the drug traffic and gun trade doing in mexico and USA..
Jul 01st, 2012 - 08:53 pm - Link - Report abuse 0http://in.reuters.com/article/2012/06/26/argentina-china-idINL2E8HP8XW20120626
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