Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

China Agrees to Discuss FTA with Mexico


June, 29 2017
watermark Economic news

China is taking into account a free-trade agreement with Mexico which was officially reported from Xinhua news agency. This will be a good stimulus for the South American country as its deals with the United States is confronted with risks.


There have been no actual discussions yet, although both nations are open talking about the free-trade agreement. This will be a relevant relationship when successful as Mexico is the second - biggest trading associate of China while the Asian country as the second -largest trading partner globally. Both nations are invested in creating a deep-rooted and stronger tie.

They have strengthened their ties since last year when the U.S. has withdrawn from the involvement in the Trans-Pacific Partnership (TPP).  


Trump put in jeopardy their ties with Mexico that put pressure to lessen reliance on the United States as it abandons the NAFTA between the U.S., Canada, and Mexico. However, the country has conveyed confidence with the renegotiation of NAFTA. Nevertheless, this is a potential stimulus for Mexico that has been in an “off-and-on- trade relationship”.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.