Puerto Vallarta News

Puerto Vallarta News

Alibaba

Mexico signs e-commerce deal with China’s Alibaba Group

Mexico’s government said on Wednesday it has inked a deal with Alibaba Group Holding Ltd, to get Mexican products and services, especially from small- and medium-sized firms, onto the top Chinese e-commerce firm’s platform.

The deal comes as Mexican President Enrique Pena Nieto wraps up a trip to China to discuss trade and investment, as part of a strategy to diversify and open new markets for his country’s products.

With U.S. President Donald Trump repeatedly threatening to terminate the North American Free Trade Agreement (NAFTA), a deal that underpins $1.2 trillion in trilateral . . .

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