Mexico Ratifies New North American Trade Deal With United States and Canada
Mexico ratified the new North American trade agreement on Wednesday, making the country the first to give its final approval despite recent tension with the US. The United States Mexico Canada Agreement passed in the Mexican Senate with 114 votes in favor and just four against, sending what the Economy ministry called a clear message in favor of an open economy and deepening economic integration in the region. There was little doubt the new deal would pass easily in Mexico the one it aims to replace, the North American Free Trade Agreement , has helped turn the country into an exporting powerhouse over the past 25 years.