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Trade News In Brief

LADB Article ID: 53931
Category/Department: Mexico
Date: 2000-04-05
By: LADB Staff

The Mexican government is expected to retain trade restrictions on imports of Chinese textiles while seeking to foster a more open trade relationship with Japan and Brazil. In early April, the Secretaria de Comercio y Fomento Industrial (SECOFI) announced its intentions to retain countervailing duties on Chinese textiles. A few days later, SECOFI began informal talks with Japan on a bilateral trade accord and also announced a more flexible position in discussions with Brazil on duties for Mexican motor vehicles.

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