The following is a reprint of Terra Nova's quarterly economic
overview of Mexico, which was recently sent to our investors as
part of their report for the second quarter of 2015.
The Mexican Senate last week approved a new free trade agreement
with Peru. The deal, initially signed in April, is expected
to double bilateral trade within five years and create 17,000 new
In the World Economic Forum's latest "Global
Competitiveness Index," Mexico maintained its previous score of
4.19 on a scale of 1 to 7, but its ranking still fell to
66th among the 139 countries in the sample.
Mexican President Calderón and South Korean President Lee said
after a meeting this week that they both still intend to complete a
free-trade deal between their respective countries.
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