Mexican Senate ratifies expanded free-trade pact with Colombia - Fox News Latino: "The Mexican Senate has ratified an expanded version of the country's free-trade deal with Colombia.
The senators voted 64-20 in favor of the new treaty, which includes agricultural products and industrial goods in the trade pact, modifies different rules and seeks to improve the operation of a regional integration committee for raw materials.
The current free-trade deal with Colombia was one of the first signed by Mexico and dates back to 1996. It originally included Venezuela, although that country withdrew from the treaty in 2006.
Mexican Economy Secretary Bruno Ferrari says 60,000 new jobs will be created in Mexico and the value of his country's exports to Colombia will increase to $9 billion over the next five years thanks to the expanded trade deal."
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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