U.S. Trade Representative Mike Froman announced today in Davos that the United States would join others including China, Canada, the EU, and Japan to negotiate freer global trade in environmental goods. An economic sector estimated at over $950 billion annually, the market for such products is already significant and it is only expected to grow.
Top stories this week are likely to include: Enrique Peña Nieto tours Latin America; United Nations General Assembly gets underway; Venezuela’s presidential election intensifies; European Union continues free-trade talks with Canada; and Paraguay seeks reparations from Mercosur.
Yesterday, at Mercosur’s presidential summit in Montevideo, Uruguay, foreign ministers of the bloc’s four founding members—Argentina, Brazil, Paraguay, and Uruguay—signed a free trade agreement (FTA) with the Palestinian Authority (PA).
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