According to the report, the representatives of Mexico and Turkey were in talks to sign the Free Trade Agreement of the two countries as it was the resumed negotiations to finalize the details.
It will be the agreement for both countries about the import and export of various products from cosmetics, clothing, steel, auto parts, machinery, and vehicles, citing the president of the Association of the Automotive Industry (AMIA).
In 2013, Both countries signed a Memorandum of Understanding to set up a High-Level Binational Commission. The agreement included avoiding tax evasion, exchange of customs information, an agreement on air services, and credit cooperation for exports between Bancomext and Turk Eximbank.
If the FTA is signed, it is believed that will expand the commercial relationship between the two countries.