Puerto Vallarta News

Puerto Vallarta News

TPP mexico

Mexico becomes the first country to ratify TPP trade deal as it moves forward without U.S.

Mexico’s Senate on Tuesday voted to ratify a Asia-Pacific trade agreement (TPP), making it the first of 11 signatory countries to back the arduously negotiated framework that was rejected by the United States.

Senators voted 73-24 to approve the pact, which was signed in March without the United States after U.S. President Donald Trump pulled out of talks within days of taking office last year.

Mexico, which has been a leading proponent of free trade in Latin America, is currently in talks to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and the United . . .

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