Notícias
Visit of the Foreign Secretary of Mexico, Patricia Espinosa, and the Finance Secretary, Bruno Ferrari, to Brazil – São Paulo, December 7, 2011
The Foreign Secretary of Mexico, Patricia Espinosa, and the Finance Secretary, Bruno Ferrari, have made a working visit to Brazil, when they were received by the Minister of External Relations, Antonio de Aguiar Patriota.
Brazil and Mexico have decided to start negotiations on a Strategic Agreement for Economic Integration between the two countries. The Ministers have also examined regional and global affairs, including the recent constitution, in Caracas, of the Community of Latin American and Caribbean States, the Mexican Presidency of the financial G20 and the Rio+20 Conference.
Bilateral trade has risen significantly in 2011, with the exchange between January and October (US$ 7.33 billion) practically matching that of the entire year of 2010 (US$ 7.57 billion). Brazil is the main destination for Mexican investments in Latin America, with a stock of nearly US$ 17 billion. Mexico has received large investment projects by Brazilian companies. The Brazilian stock investment amounts to nearly US$ 1.1 billion and will exceed US$ 4 billion by 2015.