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In the News: NAFTA, Solar Panels, FTA Talks, Russian Exports

Wednesday, July 25, 2018
Sandler, Travis & Rosenberg Trade Report

Mexico’s president-elect reportedly seeks quick NAFTA deal

“The leftist Lopez Obrador won Mexico’s presidential election earlier this month, and will be sworn in Dec. 1. He reportedly would like NAFTA negotiations to be settled by then so he can focus on domestic issues. NAFTA negotiations are scheduled to resume this week, and the three nations still appear far apart on any agreement.”

[MarketWatch]

Canada launches NAFTA challenge of U.S. tariffs on solar panels

“The move comes after three Canadian solar panel manufacturers filed a lawsuit against the U.S. government in February. The suit claimed that a 2017 investigation by the U.S. International Trade Commission concluded the Canadian products don’t significantly harm American manufacturers.”

[Vancouver Sun]

Singapore, Mercosur launch free trade negotiations

“Singapore's total trade in goods with the Mercosur countries amounted to $3.97 billion in 2017, while trade in services amounted to $2.69 billion in 2016. Singapore's stock of direct investment abroad in the four countries was $1.91 billion as at end-2016.”

[The Straits Times]

Russia launches project promoting Russian exports
“‘As part of implementation of the national project on improving labor efficiency and maintaining employment, the Russian Economic Development Ministry has initiated the creation of the first accelerator for providing export support to enterprises,’ the ministry said, adding that the project has been developed and launched jointly with the Russian Export Center.”
[TASS]

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