Economics: Mexico’s TPP Letdown

MEXICO - Report 14 Oct 2015 by Mauricio Gonzalez and Ernesto Cervera

Executive Summary Following five years of negotiations (only three in the case of Mexico, which joined the talks in 2012) a basic agreement has been reached to sign the Trans-Pacific Partnership, although many legal details have yet to be finalized. The idea for the treaty arose out of an agreement reached between several Pacific countries (Brunei, Chile, New Zealand and Singapore) in 2007.The next year the United States joined the talks as it sought to offset the growing influence and trade that China was establishing in the region, and in an effort “to establish standards for global trade...

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