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Personal Finance Thread About, Mexico's president supports idea of free trade deal with Brazil |
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Mexico's president supports idea of free trade deal with Brazil proposed by business sector
(AP) 11:03:07 PM (ET), Saturday, August 15, 2009 (SAO PAULO) Mexican President Felipe Calderon says he supports the idea of a free trade agreement between Brazil and Mexico, the two biggest economies in Latin America. Calderon says he's enthusiastic about the idea of a deal proposed by Brazilian business executives to push for a commercial accord for the two nations. Calderon made the comments Saturday in Sao Paulo at the start of a three-day visit to Brazil. He will tour installations of Brazil's state-run oil company Sunday and is to meet Monday with Brazilian President Luiz Inacio Lula da Silva. The Mexican leader says a free trade accord could help both nations because the economies of Brazil and Mexico generate more than 70 percent of all economic activity in Latin America. -------------------------------------------------------------------------------- * Interesting I found this article under the Business & Finance section of AP. This free trade deal is going to work. Let's see if the deal will effect the stock market this week. *
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