Apr 7, 2011

Globalization: Peru, Mexico sign trade deal

Peru, Mexico sign trade deal - Fox News Latino: "LIMA – Peru and Mexico on Wednesday here signed a trade agreement with the aim of jointly reaching out to Asia, an undertaking that they want Chile and Colombia to join.


The signing of the accord was carried out in the presidential palace in the presence of head of state Alan Garcia, Mexican Economy Secretary Bruno Ferrari and Peru's ministers of Economy, Ismael Benavides; and Foreign Trade, Eduardo Ferreyros, among other officials.

With the signing of the treaty "we feel that we're recovering this Mexico that we love so much, whose presence in the South American region is going to have revitalizing effects," Garcia said.

He noted that Mexico represents a market of 112 people, four times Peru's population and with a gross domestic product of more than $1 trillion.




Peru is associating itself with "an economy of great dimensions and great growth that has been joined with a large market like that of the United States," Garcia said."

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