Economy Secretary Says Government Will Postpone Negotiations of New Trade Agreements

SourceMex Economic News & Analysis on Mexico, November 19, 2003 | Go to article overview

Economy Secretary Says Government Will Postpone Negotiations of New Trade Agreements


President Vicente Fox's administration is considering a request from a handful of business organizations to impose a two- or three-year moratorium on negotiating new trade agreements because recent accords have not been as beneficial for Mexico as originally intended. "Frankly, if we continue signing accords with countries so that they can export more to Mexico, and we're not exporting more to them, it doesn't end up being very convenient for Mexico," said Carlos Rojas, president of the Consejo Mexicano de Comercio Exterior (COMCE). COMCE was joined in the request by the Consejo Coordinador Empresarial (CCE), the Confederacion de Camaras Industriales (CONCAMIN), and the Confederacion de Camaras Nacionales de Comercio (CONCANACO).

The request found a sympathetic ear in Economy Secretary Fernando Canales Clariond, who pledged that Mexico would halt efforts to enter into new accords after current negotiations on a bilateral accord with Japan are concluded. Canales said the pledge does not preclude Mexico from meeting its commitment to form part of the Free Trade Area of the Americas (FTAA). "We consider that we have enough free-trade agreements at this stage of Mexico's development," said Canales.

"We want to take full advantage of the opportunities provided by the agreements we already have, thereby strengthening the domestic market," the Secretaria de Economia (SE) said, expanding on Canales' comments.

The government's position implies that Mexico would place on the back burner discussions on bilateral agreements with Argentina, Panama, Paraguay, Ecuador, Belize, Peru, Trinidad and Tobago, South Korea, Thailand, Australia, and New Zealand.

Foreign Relations Secretariat offers conflicting position

It is not clear that Canales' position is supported by other members of the administration, including President Fox. Just a few days after the economy secretary made his statements, officials at the Secretaria de Relaciones Exteriores (SRE) said the Fox government has made no decision to put negotiations on the back burner.

The comments from SRE officials coincided with an announcement from Fox that his government was negotiating agreements with individual members of the Southern Cone Common Market (MERCOSUR) as a first step toward eventually completing an accord with the South American trade bloc.

"We're in agreement to begin negotiating, holding dialogues, and advancing on this MERCOSUR-Mexico accord," Fox said shortly after formalizing a bilateral agreement with Uruguay. "Certainly, we will soon have it."

This means that negotiations with Argentina and Paraguay would not be set aside and that the Fox administration would pursue a full accord with Brazil. Mexico and Brazil already agreed on the parameters for negotiations on a bilateral agreement but had not actually committed to negotiations (see SourceMex, 2002-06-19).

Mexico's agreement with Uruguay eliminates tariffs for a large number of products traded between the two countries and is expected to double annual bilateral trade to US$200 million, Uruguayan officials said. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Economy Secretary Says Government Will Postpone Negotiations of New Trade Agreements
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.