Mexico and the European Union (EU) are expected to wrap up by the end of this year negotiations for a new free trade agreement to replace the one signed over 17 years ago.
The flurry has seen the bloc starting or accelerating talks with countries as far afield as New Zealand and Japan. In Asia, though, China remains the outlier for the EU on a long-stalled investment pact, the precursor to an eventual trade deal.
The Manufacturers Association of Nigeria has again cautioned the Federal Government to be wary of the Economic Community of West African States – European Union Economic Partnership Agreement.
The past weeks have seen a flurry of trade activity in Washington and beyond, including a trip by US Vice President Mike Pence to Asia; meetings between top American and European trade officials; and an escalation in the US-Canada row over softwood lumber that could have implications for broader trade talks.
The free trade agreement negotiations between Malaysia and the European Union will include a discussion on the recent resolution by the EU parliament to phase out the use of certain vegetable oils.