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08/08/2017

Argentina to negotiate the expansion of a zero tariff trade agreement with Mexico

The goal of both countries is to sign a new agreement at the end of this year, although in a recent meeting, the government of Peña Nieto responded to the requests posed by Mauricio Macri's administration in regard to the agricultural and industrial sectors. 

Peña Nieto and Mauricio Macri

During a round of negotiations taking place from August 7-10 in Mexico City, civil servants from both governments discussed the expansion of the Economic Complementation Agreement between the Republic of Argentina and the United Mexican States (or ACE 6), which is expected to be signed by the end of the year for baskets of zero tariff products which would take immediate effect and have a duration of up to 10 years. 

According to the current consensus reached to date, the plan is to supply baskets of goods at an immediate zero tariff, at 2 years, 5 years and 10 years.

Please note that this article was not originally written in this language.
This article is incomplete. Click here to read the full text from its original source, iProfesional
Photo Credit: Casa Rosada (Argentina Presidency of the Nation) (CC BY-SA 2.0)

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