Banxico deputy says free trade deals will boost medium-term growth
But Guzman also warns of risks related to monetary policy normalisation
Medium-term growth in Mexico will benefit from multiple free trade agreements, favourable demographics and a relatively small middle class, "which in the face of an increase in potential growth, could show a significant expansion in coming years", Bank of Mexico deputy governor Javier Guzman said during a speech in Mexico City on Friday.
Mexico is currently signed up to 12 free trade agreements that cover 45 countries, and recently agreed one with Panama that is pending Congressional approval
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