UK and Mexico sign Trade Deal
The Government today has announced a £5billion trade agreement with Mexico. Due to the agreement, International Trade Secretary, Liz Truss stated trade between the two states could now venture to new heights. The continuity agreement between the two sides will keep tariffs on cars and UK beverage exports at zero percent.
“This will allow our two countries to go much further in areas such as data, digital trade, investment, intellectual property and services".
Mexico is one of the 11 countries within the trade alliance, which also includes Japan, Singapore and Vietnam – all of whom the UK has also announced deals with.
The next focus for Boris Johnson is to tighten the relationships with India, whom have a current trade worth £20bn.
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Devin Chohan
Article title: UK and Mexico sign trade deal
Website title: GOV.UK
Author: Unknown
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