trade-featured

trade-featured

Brazilian Azevêdo wins WTO leadership battle

Financial Times - Brazil’s Roberto Azevêdo has emerged as the new director-general of the World Trade Organization after seeing off the US and EU’s favoured candidate, Herminio Blanco of Mexico, according to officials familiar with the contest.

www.ft.com/intl/cms/s/0/0fcbe482-b713-11e2-841e-00144feabdc0.html#axzz2ScbG0YUF

Brazilian Azevêdo wins WTO leadership battle

Financial Times - Brazil’s Roberto Azevêdo has emerged as the new director-general of the World Trade Organization after seeing off the US and EU’s favoured candidate, Herminio Blanco of Mexico, according to officials familiar with the contest.

www.ft.com/intl/cms/s/0/0fcbe482-b713-11e2-841e-00144feabdc0.html#axzz2ScbG0YUF

In Mexico visit, Obama agrees to boost trade

BBC - President Barack Obama and his Mexican counterpart Enrique Pena Nieto have agreed to boost trade and create jobs on both sides of the border. This is Obama's first visit to Mexico since Mr Pena Nieto took office in December 2012.

www.bbc.co.uk/news/world-latin-america-22380057

Mexico has its own Asia pivot plan

The Diplomat - When Presidents Obama and Peña Nieto meet, the topic of Asia is lurking in the background. That’s because Peña Nieto has made diversifying Mexico’s trading partners to reduce dependency on the U.S. a cornerstone of his administration’s focus.

thediplomat.com/pacific-money/2013/05/02/watch-out-usa-mexico-has-its-own-asia-pivot-plan/

Mexico, U.S. sign tomato pricing agreement

AP — Mexico says its tomato growers have signed and implemented a new agreement with the United States to end a dispute over trade in fresh tomatoes. Mexico's tomato trade with the U.S. was worth more than $1.8 billion in 2011.

www.usnews.com/news/business/articles/2013/03/04/mexico-us-sign-tomato-pricing-agreement

Cargill settles $77 million Nafta dispute with Mexico

Reuters - Cargill Inc has reached a settlement with Mexico in a dispute that resulted in a $77 million arbitration award for the U.S. agribusiness company, according to court documents filed Thursday.

www.reuters.com/article/2013/02/22/cargill-mexico-idUSL1N0BLEIU20130222

December trade deficit seen at $1.44 billion

Dow Jones - Mexico is seen posting its second-biggest monthly trade deficit this year for December on softer manufacturing exports and falling prices for crude-oil exports, but the nation's overall trade shortfall for 2012 is projected to be quite modest.

www.4-traders.com/WTI-SPOT-2355639/news/Mexico-s-December-Trade-Deficit-Seen-at-$1-44-Billion-15964895/

U.S. panel okays duties on washers from Mexico

Reuters - A U.S. trade panel has given final approval to anti-dumping duties on hundreds of millions of dollars of residential washing machines from Mexico and South Korea in a case brought by American manufacturer Whirlpool.

www.reuters.com/article/2013/01/23/usa-trade-whirlpool-idUSL1N0AS9RC20130123

Mexico is negotiating to buy fertilizer from Ukraine

Latin American Herald Tribune - Negotiations are taking place for Mexico to purchase up to 500,000 tons annually of fertilizer from Ukraine, which is the top country producing and exporting chemical fertilizers in the world.

www.laht.com/article.asp

Mexico to drop complaint vs Argentina after auto deal

Reuters - Mexico will drop a complaint before the World Trade Organization against Argentina over trade restrictions after the two countries reached a new automobile pact, Mexican economy minister Ildefonso Guajardo said on Friday.

www.reuters.com/article/2012/12/14/us-mexico-argentina-wto-idUSBRE8BD16B20121214

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