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Mexico invited into Trans-Pacific Partnership pact

Tuesday, June 19, 2012

The United States and eight other countries welcomed Mexico into talks aimed at reaching an Asia Pacific free trade agreement, but continued to mull over Canada and Japan's seven-month-old bids to join the negotiations.

"We are delighted to invite Mexico, our neighbor and second-largest export market, to join the (Trans-Pacific Partnership) TPP negotiations," US Trade Representative Ron Kirk said in a statement after a meeting between Barack Obama and Mexican President Felipe Calderón at the Group of 20 leading economies summit in Los Cabos, Mexico.

The decision to accept Mexico's application was jointly made by the nine countries currently negotiating the pact.

Source: Reuters