PRI Senators hear from Foreign Affairs Secretary Videgaray. PRI Senators hear from Foreign Affairs Secretary Videgaray.

MX turns its focus on the rest of the world

US dialogue not broken but expanded trade is being sought elsewhere

There is no rupture in dialogue with the United States but Mexico has begun working on strengthening its presence, relations and trade treaties with Latin America, Europe, Asia and Africa, the Foreign Affairs Secretary told Senators belonging to the governing party.

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Luis Videgaray told the Institutional Revolutionary Party (PRI) lawmakers yesterday that in Latin America Mexico is concentrating its efforts in Central America’s Northern Triangle —Guatemala, Honduras and El Salvador, as well as in Brazil and Argentina where formal talks have already begun.

In Europe, he explained, Mexico is seeking to update its trade agreement while in Asia many more opportunities are seen as a result of the collapse of the Trans-Pacific Partnership after U.S. President Donald Trump pulled out.

Bilateral negotiations are planned with Japan and South Korea, and there are hopes to strengthen the trade relationship with China, the secretary said.

“We have opportunities with everyone,” he said.

With regard to the currently tenuous relationship with the U.S., Videgaray said “there are moments in life when it is necessary to understand when to say no,” even with friends, partners and allies such as Mexico’s northern neighbor.

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But Videgaray clarified that dialogue with the U.S. is not broken and forecast good results for both countries because Mexico will establish limits and will not accept any conditions.

One of those conditions could be paying for the cost of the border wall proposed by Trump, who has insisted that Mexico will pay. Disagreement over that issue led to frosty relations between the two countries last week, which thawed after a telephone call between Mexican President Enrique Peña Nieto and Trump.

Up for negotiation at some point in the near future is NAFTA, the North American Trade Agreement, at Trump’s insistence. Videgaray said Mexico is seeking the genuine integration of North America in terms of trade and the opportunity for Mexican businesses to continue exporting products without tariffs.

But he noted as well that the trade agreement must also improve salaries in Mexico, which ought not continue attracting investment solely on the basis of cheap labor.

“This is about NAFTA resulting not only in a lot of jobs but in better pay.”

Source: SIPSE (sp)

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  • cooncats

    Great! Never put all your eggs in one basket.

    • Yes, this is good news. And overdue. See, Trump is already bringing improvement to Mexico.

      • leperman

        tRUMP has given the USA has a new world moniker..
        Loser nation, nation of losers.
        The USA is on a rapid downhill slide, with a Liar in Chief, science and history denier at its helm.
        The least knowledgeable leader in the world. I pity the poor USA. Worst leader since Pol Pot

        • Let it out, Leperman! Don’t hold back! Let us know how you really feel!

          Pol Pot. Well, there’s a new one. Hitler and Mussolini not good enough for you?

          • leperman

            Vent Felipe. Vent

  • feduprepublican2

    Would you please take Trump? Please!
    Signed
    Every sane American

    • leperman

      No toxic waste disposals in Canada are capable of handling such toxic waste as tRUMPs tiny damaged mind.
      If you remove that part, however small, we will gladly dispose of the rest.

  • Pesobill

    Good for you Mexico . Now ask your 11 million illegal invaders to return to your country and quit residing in the USA without legal right. We are tired of the Mexicans living in the USA and taking advantage of the system and thinking we will give them citizenship or rights . Your country is going down the crapper and all know it ,find some other master to take advantage of , the US just woke up ..

    • leperman

      How about all you Europeans and Asians. Go home. You are all living on stolen Native American lands. Who stole it first hardly counts for anything

    • Mexico is hardly going down the crapper, but sending the illegals back here is a splendid idea. We have opportunities below the border!

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