CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

Mexico declares progress in FTA talks with C. America

05-30-2011 10:45 BJT

MEXICO CITY, May 29 (Xinhua) -- Mexico said Sunday the fifth round of negotiations for forming a single free trade agreement (FTA) with Central America ended with important progress on various issues

The most prominent achievements were made on issues such as market access, the ease of the trade and the technical obstacles to trade, the Economic Ministry said in a statement.

There were also important progress on trade mark, trade defense, government purchases and solution of trade differences.

The sixth round of the talks will be held in August in El Salvador, the ministry said.

Mexico already has FTAs with Costa Rica, Nicaragua and the so-called Triangle of the North which includes Guatemala, Honduras and El Salvador.The current talks was aimed at eastabishing a single FTA area with Mexico and the whole Central America.

Of the 50 billion dollars of Central America's annual exports, only 8 percent go to Mexico, suggesting that there is great potential for expanding trade relations between the two sides.

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program