Sat. Apr 20th, 2019

López Obrador and WTO director criticize protectionism and unilateral measures

López Obrador and WTO director criticize protectionism and unilateral measures



The president of Mexico, Andrés Manuel López Obrador, and the director general of the World Trade Organization (WTO), Roberto Azevedo, criticized on Thursday the unilateral measures that lead to protectionism.

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"They agreed on the importance of countries adhering to the disciplines to which they have committed themselves, as well as avoiding the abuse of unilateral trade measures for protectionist purposes, as this risks affecting the growth rate of the world economy," he said. the Presidency of Mexico in a newsletter.

The Mexican president and the head of the organization met on Thursday, privately, at the National Palace. At the meeting there was a dialogue about the state of the multilateral trading system.

Thus, the head of the Mexican State pointed out that for Mexico, the existence of "a strong and prosperous WTO is essential", since it underpins the growth of the Mexican economy.

He also stressed that the reform sought in the rules of trade are "compatible" with the priorities of his government to achieve an inclusive and sensitive economy with the population.

During the meeting, Azevedo announced to the Mexican president that the WTO has selected El Colegio de Mexico as the next venue for the Regional Course on Trade Policy of that organization, which will prepare officials from Latin American countries on technical aspects of international trade.

The president, of the leftist National Regeneration Movement (Morena), positively evaluated the decision.

In addition, he reiterated Mexico's commitment to a strengthened multilateral system, based on rules, that contributes to respecting the rule of international law.

He also offered all his support and the commitment of the federal administration so that the WTO "continues making progress in strengthening the multilateral trading system".

Earlier, President López Obrador said at a press conference that trade agreements signed by our country will be respected.

"We are in favor of free trade and we are not going to participate in any commercial war, nor are we interested or incumbent," he said.

The visit of the Director General of the WTO responds to an invitation from the Government of Mexico.

The Mexican Economy Minister, Graciela Márquez, and the Undersecretary of Foreign Trade, Luz María de la Mora, were also present at the meeting.

Accompanying Azevedo was the permanent representative of Mexico to the WTO, Roberto Zapata, and the counselor of the WTO's general director, Thais Mesquita.

While the meeting was being held, the head of the White House, Donald Trump, announced that he will give Mexico one year to stop the flow of drugs entering his country through the common border, and that if he does not do so, he will impose tariffs on his cars, which is a withdrawal of his threat to close immediately the border area.

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