The Brazilian government has asked Mexico to limit the value of its auto exports to Brazil to around $1.4 billion for the next three years as part of a set of demands aimed at renegotiating the two countries' automotive trade deal.
A dispute over trade in cars exposes contrasting attitudes to globalisation in Latin America’s biggest economies. OFFICIALS from Brazil and Mexico are arguing over the future of a 2002 agreement that allows free trade in cars between them.
SAO PAULO – Brazilian and Mexican authorities will meet again on Feb. 28 and 29 to discuss possible changes in an auto industry trade accord as Brazil seeks to narrow a trade deficit with Mexico, Brazil's Ministry of Foreign Relations said Friday.
RIO DE JANEIRO, Jan. 10 (UPI) -- Global growth in the aviation and defense industries is set to slow down this year, but the effect of the downturn on emergent arms industries in Brazil and Japan remains far from certain.