Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico says ready to update NAFTA with U.S. and Canada

Mexico is ready to update the North American Free Trade Agreement with Canada and United States, its foreign minister said on Monday, following a spate of criticism of the accord by Republican presidential nominee Donald Trump.

Foreign Minister Claudia Ruiz Massieu told reporters that since taking effect in 1994, NAFTA has boosted trade, created millions of jobs, drawn investment and made North America more competitive in the global economy.

"However, 22 years later we've also made clear that it's important to be ready to modernize and update this treaty, and we'll be ready to do it if . . .

Read Full Story

Related Posts

Puerto Vallarta mass wedding draws over 300 couples

Puerto Vallarta mass wedding draws over 300 couples

More than 300 couples were married in Puerto Vallarta’s mass civil wedding, a public event...
Puerto Vallarta trafficking fight stalls amid corruption

Puerto Vallarta trafficking fight stalls amid corruption

A specialist says corruption and surface-level enforcement are weakening anti-trafficking efforts in Puerto Vallarta and...
Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...

Why $100 Oil Still Raises Everyday Costs in Mexico

Mexico produces oil, but households still absorb fuel shocks through freight, food prices, tax subsidies,...