Business Leap Frontier

Mexico’s President Felipe Calderon has vowed a new trade offer between Mexico and Brazil. He proposed it in Sao Paulo during meeting business leaders. Calderon ensured he would discuss to industry, social and political groups in his country to change the trade between the two countries.

Brazil and Mexico both countries are Latin America’s largest economies. The countries are presently responsible for about 70 percent of all economic activities in this region. Mexico already has trade agreements with Canada and USA. The country has struggled with recessionary trends at home as well as abroad. It sends 80 percent of its exports to USA and the country has been mostly exposed to the US fall in customer spending.