Mexico, C. American countries approve FTA

MEXICO CITY, Dec. 5 (Xinhua) -- Mexico and five Central American countries on Monday ratified a Free Trade Agreement which envisions a potential market of 150 million consumers.

Representatives of Mexico, Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala signed a presidential statement bringing the FTA into force prior to a summit of the Mechanism of Tuxtla Dialogue and Agreement which opened later in the day in the southeastern Mexican city of Merida.

The agreement provides a legal framework for trading in goods and services among the countries.