The Brazilian government have announced that it had begun negotiations for a free trade agreement with Mexico, a pact that would be between the two biggest economies in Latin America.
The two countries began formal talks this week and it is hoped that the South American country will be able to increase trade with Mexico, mainly in agricultural products, Marcos Troyjo, special secretary for Foreign Trade and International Affairs at Brazil's Ministry of Economy, told reporters.
He explained that the exchanges are part of his government's efforts to open up its economy and be able to negotiate with all countries. A free trade agreement between the two countries for the import of automobiles and auto parts came into force in mid-March.
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