Mexico relies more than most other countries on free trade agreements to fuel economic development. In the 1990s, the North American Free Trade Agreement helped solidify Mexico’s return to democracy, and, given that international trade accounts for more than 60 percent of Mexico’s economy, no Mexican president can do without a clear strategy for fostering better access to foreign markets. But while President Enrique Pena Nieto claims that the economy is the highest priority on his agenda, his administration has yet to spell out how Mexico will trade with the world.
Pena Nieto has inherited a plan to expand Mexico’s access to Asian markets via the Trans-Pacific Partnership. Initially, the idea behind the TPP was to boost market access among a smattering of small economies in Asia and Latin America whose domestic markets are too small to allow their manufacturers to compete against countries with larger domestic markets. ...
To read the rest, sign up to try World Politics Review
- TWO WEEKS FREE.
- Cancel any time.
- After two weeks, just $11.99 monthly or $94.99/year.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- Brazil’s Petrobas Scandal Forces Rousseff’s Hand on Corruption
- To Soothe Investors, Mexico’s Pena Nieto Must Tackle Graft
- Diplomatic Fallout: Bold or Not, Next U.N. Secretary-General Faces World of Pain
- After U.S.-China Climate Deal, India Feels the Heat on Growing Emissions
- Strategic Horizons: Understanding the Enemy: Inside the Mind of the Islamic State