The Mexican government fears that his Brazilian counterpart breaks the agreement for the automotive industry, ensures that the South American country had a trade surplus of more than 21,500 million dollars between 2003 and 2011.

The Finance Secretary Jose Antonio Meade, said there is still the possibility that the global environment becomes complicated by the crisis

Mexico’s peso rose as an improvement in U.S. home sales buoyed optimism that the expansion in the Latin American country’s biggest trade partner is strengthening.