This article is more than

    1 year old

    Mexico resists EU pressure to approve trade deal after legal changes

    Author: Editors Desk Source: Financial Times
    January 8, 2023 at 07:28
    Hector Vasconcelos denies Mexico is holding up the trade agreement © Ginnette Riquelme/Reuters
    Hector Vasconcelos denies Mexico is holding up the trade agreement © Ginnette Riquelme/Reuters

    Adviser to president raises concerns over amendments, saying deal should not be split for separate approvals
    Mexico is resisting pressure from the EU to sign off on a trade deal that was agreed four years ago, arguing legal changes recently proposed by Brussels will slow down the approval process.

    EU trade commissioner Valdis Dombrovskis said Mexican officials “are taking their time” after Brussels made some amendments that mirror a structure used in an accord between the EU and Chile finalised last month. Brussels hopes the tweaks should smooth the deal’s ratification, but Mexico City fears they could mean the treaty requires separate stages of approval.

    “In recent weeks we proposed a possible solution on the legal architecture of this modernised global agreement to Mexico,” Dombrovskis said.

    Read More (...)
    Keywords
    Europe Mexico

    Newer articles

    In case you missed it
    Congress gets closer to forcing TikTok to be sold or face US ban: What's ne

    Congress gets closer to forcing TikTok to be sold or face US ban: What's ne

    <p>Chinese officials say they "firmly oppose" the platform being divested.</p>

    We are using cookies to give you the best experience on our website. By continuing to browse, you are agreeing to our Cookie Policy.
    You did not use the site, Click here to remain logged. Timeout: 60 second