Exclusive: Mexico courts companies to lure business from Asia under new trade deal

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Mexico has spoken to a host of foreign companies, particularly steelmakers, in an effort to lure business from Asia to capitalize on a new North American trade deal, Economy Minister Graciela Marquez said on Monday.

The U.S.-Mexico-Canada trade agreement took effect at the beginning of this month and replaced its quarter-century-old predecessor as the coronavirus pandemic wallops the global economy and international trade.

“In steel we see the biggest opportunity,” Graciela Marquez, a Harvard-trained economist, told Reuters in an interview. “We want to show these companies the opportunities that open up with this increase in regional content requirements.” Marquez said the government of President Andres Manuel Lopez Obrador has held talks with foreign steelmakers, including South Korea’s POSCO (

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Comunists buy and deal just with comunists, are their rules, North American Trade had never been jeopardized, as it is now, with a government that wants everyone to live in poverty. Poor México!For those waiting for USA to rescue us,sorry, USA has their own problems with Trump😭

Her face is like someone said, “You wanna come with me real quick to that dark, isolated spot over there? Not that we know each other or anything, I just...”

South Africa South Africa Latest News, South Africa South Africa Headlines