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Tuesday, 24 April 2012 - Calderon presses for U.S. answer on Pacific trade pact |
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See the best of Reuters photography.  See more | Photo caption  Sudan war reignites Sudanese war planes bombed a town in South Sudan in an attack the southern army called a declaration of war.  Slideshow  LA riots: 20 years later The intersection of Florence and Normandie, flashpoint of the riots, as it looks today.  Slideshow  Calderon presses for U.S. answer on Pacific trade pact Tweet Share this Email Print Related News Wal-Mart shaken by bribery probe, shares plunge Mon, Apr 23 2012 Argentine move to seize YPF spoils Sinopec deal Wed, Apr 18 2012 Incensed Spain threatens Argentina after YPF seizure Wed, Apr 18 2012 Argentina moves to seize control of Repsol's YPF Tue, Apr 17 2012 U.S. says Colombia trade deal kicks off in May Sun, Apr 15 2012 Analysis & Opinion Was Walmart’s ethics policy part of the problem? Could the NYT make money from its scoops? Related Topics World » Mexico » Mexico's President Felipe Calderon addresses the CEO Summit a day before the Americas Summit in Cartagena, April 13, 2012. Credit: Reuters/Jose Miguel Gomez WASHINGTON | Tue Apr 24, 2012 12:12pm EDT WASHINGTON (Reuters) - Mexican President Felipe Calderon on Tuesday gave an impassioned defense of free trade as Mexico waits for the United States and others to decide whether it will be allowed to join talks on a trade pact in the Asia-Pacific region. "In this very difficult time in the world economy, the world needs more trade and not less trade," Calderon said in a speech at the U.S. Chamber of Commerce, a short distance from the White House. "That is why Mexico is pushing a lot to be part of the TPP, the Trans-Pacific Partnership." Calderon, who is not meeting with President Barack Obama on this visit, credited Mexico's participation the North American Free Trade Agreement and more than 40 other trade agreements with helping its economy grow four percent last year and create almost 600,000 net new jobs in the formal sector. He also condemned government expropriation as a "thing of the past," in an apparent reference to the Argentine government's recent decision to nationalize the oil company YPF by stripping Spanish firm Repsol of its controlling stake, and chided Brazil for recent backsliding on free trade. Calderon did not mention Obama in his speech, or an investigation into allegations that Walmart de Mexico had engaged in a multiyear campaign of bribing Mexican officials to build its business. Mexico, Canada and Japan in November asked to join the United States and eight other countries in the Asia-Pacific region - Australia, New Zealand, Peru, Chile, Singapore, Malaysia, Vietnam and Brunei - in negotiations on the Trans-Pacific Partnership. None of the three countries has received an answer yet, even though the nine current participants have a goal of finishing the talks this year and are planning a 12th round of talks next month in Dallas, U.S. Trade Representative Ron Kirk's home town. Carol Guthrie, a spokeswoman for the U.S. Trade Representative's office, gave no timetable for a decision on whether Mexico, Japan or Canada have been judged ready "to meet the high standards and objectives of the TPP." "While we have made progress, we and other current TPP members have additional work ahead, including further consultations on issues that have emerged through our analysis and from input from Congress and stakeholders," she said. Myron Brilliant, senior vice president at the U.S. Chamber of Commerce, told Calderon after his speech that Mexico has the strong support of the business community in its bid to join the TPP, which the Obama administration describes as a "21st Century" trade agreement that will go further in opening markets and raising international standards than previous trade agreements. (Reporting by Doug Palmer; Editing by Jackie Frank) World Mexico Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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