Thursday, February 25, 2010

Brazil-Mexico Trade Agreement

BusinessWeek says that Brazil and Mexico are planning to begin talks on a possible free trade agreement. (H/T) The local press is describing the initiative as an Agreement of Strategic Economic Integration, which presumably would be slightly less than an FTA. Gerardo Ruiz, Mexico's secretary of the economy, emphasized that further integration would benefit the United States, further evidence of the somewhat odd prism through which Mexico's economic choices are considered.

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