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UK and Mexico launch trade talks - Perthshire Chamber of Commerce

UK and Mexico launch trade talks

The UK and Mexico kicked off negotiations on Friday to pin down a post-Brexit free trade deal, the UK government has announced.

The talks, seeking to boost a trade relationship worth £4 billion (4.7 billion euros, $5 billion), will aim to replace a prior agreement inherited from the European Union.

"This enhanced deal would transform our relationship with Mexico, making the most of the immense opportunities its dynamic business landscape and young, growing population offer," said International Trade Secretary Anne-Marie Trevelyan in a statement.

The minister began talks with Mexican counterpart Tatiana Clouthier at midday.

Britain hopes to open up one of the world's largest consumer markets, with Mexico's population forecast to hit 150 million people by 2035.

"Mexico is a major market for UK exporters," added the statement from the government's Department for Business, Energy and Industrial Strategy (BEIS).

"It is in a strategically situated part of the world, serving as a gateway to the Americas as well as to the dynamic trans-Pacific region.


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