The Secretary of Economy and the Trade Representative of the United States meet to review the bilateral trade relations

Today, 14 April 2015, the Secretary of Economy, Ildefonso Guajardo Villarreal, was visited by Michael Froman, the US Trade Representative, in order to check the status of the bilateral trade agenda as well as some issues pending about the negotiation of the Trans-Pacific Partnership Agreement (TPP).

During the meeting, Guajardo Villarreal and Froman assessed the progress made so far in the negotiation of the TPP and the unresolved issues too. Both officials stressed the importance of finding balance and convergences in negotiating the agreement, and thereby fulfill the mandate of the leaders of the member countries of the TPP, to conclude the agreement as soon as possible.

The TPP will allow North America to consolidate itself as a platform for exports to the Asia-Pacific region - one of the higher economic dynamism regions - and the world, while contributing to making North America into the most competitive region.

The United States of America is the largest trading partner and export destination of Mexico. To date, both countries exchanged goods worth 1.408 million dollars, six more times than the bilateral trade prior to the entry into force of the North American Free Trade Agreement (NAFTA) in 1994.