June 06, 2006

Argentina, Mexico Nix Tariffs

Buenos Aires
Jun 6
Argentina and Mexico are extending on Thursday their existing trade agreement to eliminate tariffs on 1,500 new products, which will free up nearly 60 percent of their bilateral exchange.

The extension of both nationsĀ“ Economic complementation Agreement (ACE 6) will help their trade to grow between 300 and 400 million dollars at first.

That negotiation also includes total exemption of 600 items with partial preferences and will liberalize 800 products that were previously out of the pact.

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