Mexico and Panama sign free trade agreement

PANAMA CITY, (Reuters) – The presidents of Mexico and Panama signed a free trade deal yesterday, moving the smaller nation a step closer to joining a regional pact that includes several major Latin American economies.

Mexican President Enrique Pena Nieto and his counterpart Ricardo Martinelli concluded the accord in Panama City, one of the prerequisites for Panama joining the Pacific trade alliance, which comprises Mexico, Colombia, Chile and Peru.

“Signing this trade agreement brings us closer to our wish to be part of the Pacific Alliance,” Martinelli said.

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