By Xiu Ying
RIO DE JANEIRO, BRAZIL – Brazil is ready to negotiate an “ambitious” bilateral agreement with Mexico that will allow free trade between the two countries, announced the Economy and Foreign Affairs Ministers on Friday, in a joint statement.
Representatives of the two countries met in Mexico City on May 30th and 31st to discuss the expansion of trade between Latin America’s two largest economies.
The Brazilian delegation was headed by the Secretary of Bilateral and Regional Negotiations in the Americas of the Ministry of Foreign Affairs, Ambassador Pedro Miguel da Costa e Silva, and by the Secretary of Foreign Trade of the Ministry of Economy, Lucas Ferraz.
The Mexican delegation was led by Dr. Luz María de la Mora, Undersecretary of Foreign Trade of the Secretariat of Economy.
The two countries’ efforts to forge closer ties come at a time when Mexico is suffering tariff threats from the United States.
In May, Mexico renewed its tariff-free quota of 55,000 tonnes of Brazilian chicken products, amid problems in Mexican production due to avian flu outbreaks.