German chancellor pushes forward better trade ties with Latin America

APD NEWS

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German Chancellor Angela Merkel wrapped up a visit to Argentina and Mexico which aimed to foster further cooperation between Berlin and Latin America.

During her two-day stay in Mexico, the leaders of both governments said they are working together to intensify political cooperation and trade integration.

Merkel and Mexican President Enrique Pena Nieto reiterated their goal to update the EU-Mexico Free Trade Agreement, which came into effect in 2000, by the end of this year.

Germany is Mexico’s top European trading partner, with leading German automotive makers Audi and Volkswagen operating massive factories in Mexico.

Mexico is looking to diversify its trade ties in a push to lessen dependence on the US after Donald Trump threatened to withdraw from the North American Free Trade Agreement, which also includes Canada.

The visit also included talks about the environment and human rights. Pena Nieto said at a joint press conference in Mexico city that promoting democracy is the best way to protect freedom and guarantee the rule of law.

Merkel and Pena Nieto said their goal is to create a "win-win relationship for Mexico and Germany" using the G20's framework for free trade.

Tension between Mexico and Germany on one side and the US on the other side over trade rose under Trump’s "America First" policy as the president argued that the two countries are conducting unfair trade with the US.

International trade experts say Trump's aggressive language on trade is the main reason for the timing of Merkel's trip to Mexico.

(CGTN)