Mexico-Central America free-trade negotiations advance
- by crv.staff
- 10.08.10
- 8:16 AM UTC
- Filed in Costa Rica
Source: Tico Times
The second round of negotiations for a single Mexico-Central America Free Trade Agreement – as opposed to the series of agreements now in force – began Monday in El Salvador and will end on Wednesday, the Mexican Economy Secretariat announced.
“One of the benefits expected from signing this treaty is supporting small and medium businesses in the region, because it will reduce transaction costs,” the secretariat said in a statement.
The purpose of the single free-trade agreement is to meld into a single instrument the three separate free-trade agreements Mexico has signed with Central America: one with the nations of the Northern Triangle (Guatemala, Honduras and El Salvador), one with Nicaragua and another with Costa Rica.
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