News Obiaks News

Mexico has just announced the signing of a deal with Alibaba Group Holding Ltd, to get Mexican products and services, especially from small- and medium-sized firms, onto the top Chinese e-commerce firm's platform.

This deal comes as Mexican President Enrique Pena Nieto wraps up a trip to China to discuss trade and investment, as part of a strategy to diversify and open new markets for his country's products.

As U.S. President Trump continues to issue threats regarding pulling out from NAFTA, it has become imperative that Mexico seeks alternative ways of opening up its economy through new markets for Mexican products.