Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Mexico

Senate will Go Forward with TPP

Senate commissions will work to approve the trade agreement even if U.S. President-elect Donald Trump fulfills his promise of withdrawing from it

Senator Teófilo Torres Corzo (R) with former Economy Secretary Ildefonso Guajardo, photo: Cuartoscuro
By Víctor Mayén Whatsapp Twitter Facebook Share
12 months ago

Senate commissions concluded their analysis of the 30 chapters of the Trans-Pacific Partnership (TPP) and agreed to take the approval process to its final stages, despite the promise by U.S. President-elect Donald Trump that the United States will withdraw from the treaty when he takes office.

In the ninth public session to analyze the TPP, Presidents of the Foreign Relations Commission and the Asia-Pacific Foreign Relations Commission Gabriela Cuevas Barrón and Teófilo Torres Corzo, respectively, agreed that their goal is to debate the commercial integration of Mexico and find out what advantages it will bring.

Cuevas Barrón, a member of the National Action Party (PAN), said that it is important to take into account the fact that Mexico is a party to 46 free trade agreements, but focuses 80 percent of its exports on one, the North American Free Trade Agreement (NAFTA).

She argued that Mexico should open itself to other markets, including Asia-Pacific markets.

“The time has come to look at our finances, to define where we are and where we need to go,” she said. “It is the time to prepare ourselves for any scenario, to work and build the good scenarios, but to be ready, also, for those that could be the worst.”

Torres Corzo, of the Institutional Revolutionary Party (PRI), said that the Senate will continue with the approval and ratification processes of the TPP no matter what Trump decides to do.

“It is our duty to continue the legislative process,” he said. “After it gets sent to commissions, the legislative process needs to continue forward, whether it goes into effect or not. But, we need to finish it.”

Comments Whatsapp Twitter Facebook Share
More From The News
Latest News

Sessions denies lying on Russia, pleads ...

5 days ago
Business

Senate GOP intent on scrapping health ma ...

5 days ago
Business

Asian shares fall, tracking Wall St, dro ...

5 days ago
Latest News

Washington GOP boosts pressure on Alabam ...

5 days ago
Most Popular

Private-Sector Analysts Confirm 2.4 Perc ...

By Omar Sánchez
Business

Volkswagen to Shed 30,000 Jobs, Cutting ...

By The Associated Press
Business

Iran Gets its First new Airbus Plane Aft ...

By The Associated Press
Business

Graft Accusations Made Against Chinese I ...

By The Associated Press
Business

Senate GOP intent on scrapping health ma ...

By Daniela Cabrera
Business