Paraguay is ready to return to Mercosur as long as there is respect the country’s dignity, but at the same time will look for other trade and cooperation opportunities with Mexico, United States and the Pacific Alliance, said the Paraguayan ambassador in Washington.
Technical groups from Paraguay and Mexico advanced on Wednesday talks for the creation of an Economic complementation Accord in the framework of the Latam Integration Association, ALADI, which is considered the “step previous to a full free trade treaty”, reported from Asuncion Paraguay’s foreign ministry.
Leaving behind an atmosphere of mistrust, China and Mexico agreed this week to upgrade bilateral ties to comprehensive strategic partnership, and thus opening broad prospects for economic and trade cooperation between the two countries.
The leaders of Mexico and China will meet for the second time in two months this week, a sign of deepening cooperation, even as the Latin American nation seeks to close a huge trade deficit. Chinese President Xi Jinping will be treated to a lavish two-day state visit in Mexico that begins on Tuesday, with an event at the Campo Marte military field with President Enrique Peña Nieto and a speech to Congress.
The Alliance of the Pacific bloc that includes Colombia, Mexico, Peru and Chile on Thursday agreed to eliminate tariffs on most goods to promote free trade between the countries and increase exports to Asia.
The White House announced that Peruvian President Ollanta Humala and Chile’s President Sebastian Piñera will travel to Washington in June and meet with President Barack Obama. The White House also said that Vice President Joe Biden’s next week will visit Brazil and Colombia with a stop in Trinidad and Tobago.
President Barack Obama gave his blessing to a new security arrangement with Mexican leader Enrique Peña Nieto, in which Mexico will make reducing violence a priority over hunting drug cartel kingpins in the war against organized crime. The two presidents said they also want to step up trade and business ties that have been overshadowed by the battle against drug trafficking.
President Barack Obama leaves on Thursday for Mexico and Costa Rica, on a strategic mission to deepen trade ties and jobs’ creation but also hoping to discuss US immigration reform, security threats and drug wars.
Falkland Islands lawmaker Dr. Barry Elsby and young Islander Krysteen Ormond are expected this week in Mexico with a full agenda of political contacts and media interviews referred to the March referendum when Islanders by an overwhelming turnout and support, 92% and 99.8%, decided to continue as a British Overseas Territory.
By R. Viswanathan - Yes… steady is the word to describe the growth of India's trade with Mexico, the second largest market of Latin America. The bilateral trade reached 6.29 billion dollars in 2012 from 4.15bn in 2011, 2.9bn in 2008 and 1.03bn in 2003.