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Mexico has already drafted UK trade pact

Monday, June 27, 2016

Mexico already has the draft of a trade agreement with the UK, which it drew up as part of a trio of measures designed to soften the blow of a Brexit, said Luis Videgaray, the finance minister.

Mexico’s trade relationship with the UK is small – only about 0.7 per cent of Mexican exports go to Britain, some $4.3bn – but “we see great opportunity,” the minister said – hence the forward planning.

Source: Financial Times