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What Agreement Was Reached With Mexico

The Minister of Economy, Enterprise and Innovation, Heather Humpreys TD, and the EU Minister of State for Trade, Employment, the Economy, the EU`s Digital Single Market and Data Protection, Pat Breen TD, welcomed the rapid and ambitious progress made in modernising the trade agreement with Mexico, which will provide significant trade and investment opportunities for Irish businesses. Mexican President Andres Manuel Lopez Obrador has said he does not want a confrontation with the United States. About 80 percent of Mexican exports are sent to the United States and would be hit hard by new tariffs. (01.06.2019) Trump wrote on Twitter on Saturday morning: « Mexico will work very hard and if they do, it will be a very successful deal for the United States and Mexico! » He also wrote that Mexico had agreed to buy « large quantities of agricultural products » from U.S. farmers. The MoU contains the main agreed chapters and the EU and Mexico will continue to work on the remaining technical issues. The EU and Mexico hope to finalise the full legal text before the end of the year. Mexico`s foreign minister announced Thursday that 6,000 National Guard troops will be sent to the country`s southern border with Guatemala. However, this force has recently been set up and has not yet been operational, with estimates for a full operation until 2021. Mexican President Andrés Manuel López Obrador has argued in the past that the migrant crisis can only be solved through economic development in Central America, not through the repression of immigration. In December, López Obrador asked the Trump administration to work with Mexico on a Marshall Plan for Central America, with the vision of investing $30 billion over the next five years to create jobs in the region. The 1997 EU-Mexico Agreement did not contain many provisions on trade in goods that are now the norm and did not cover a number of agricultural and fishery products. From the date of entry into force of the agreement, 98% of the goods will no longer be subject to customs duties.

For other products, tariffs will be eliminated over time or for a limited amount defined as a quota. The agreement contained trade provisions elaborated in a free trade agreement that entered into force in October 2000 for the part of trade in goods and in 2001 for the parts related to trade in services. « I am pleased to announce that the United States of America has signed an agreement with Mexico. The tariffs that the U.S. is to implement against Mexico on Monday will be suspended indefinitely, » he said on Twitter. « There`s not much support in my conference for tariffs, » Senate Majority Leader Mitch McConnell, R-Ky., told reporters after White House lawyers met with Republican senators at their weekly lunch Tuesday. Pelosi said in a statement Saturday that the Trump administration`s deal with Mexico violates asylum seekers` rights under federal law « and fails to address the causes of migration in Central America. » The announcement of a deal between the two countries came as Trump struggled to move forward with tariffs against Mexico. His own party offered a major blockade. Negotiations on the enlargement and modernisation of the EU-Mexico Comprehensive Agreement started on 25 May 2016. . .

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