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MEXICO - Mexico's Proposition to Brazil

* MEXICO

Mexico's Proposition to Brazil
The Mexican president wants to seal a free trade agreement with the giant

During his visit to Brazil, Mexico's President Felipe Calderon expressed his interest in developing a strategic alliance between Mexico's Pemex and Brazil's Petrobras with the aim of increasing the parastatal Mexican oil company's production. Calderon said he would also try to establish a free trade agreement with the South American nation. Around 70% of Latin America's economic activity is generated by Mexico and Brazil.
Aug-17-2009 04:08pm