Brazil and Mexico renew bilateral auto trade deal  [ Brazil ] [ Mexico ]

The Brazil and Mexico governments renewed their bilateral automotive agreement on March 9, delaying return to a free-trade regime between the two countries. The renewed agreement is valid for four years from March 19 and requires each country to import up to USD 1.56 billion over the next 12 months without import tax on light vehicles. The amount of USD 1.56 billion will be increased by 3 perce...
<Mar 11, 2015>