An expansion of the commercial relationship between Mexico and Brazil is expected to boost investments by over 10% in strategic sectors under the Economic Complementation Agreements (ACE) 53 and 55.
The announcement by President Luiz Inácio Lula da Silva at the annual CAF forum regarding the expansion of commercial relations between Mexico and Brazil signals a significant uplift in bilateral investments. Miguel Ruiz Luna, the head of the Mexico-Brazil Chamber (Camebra), highlighted the current investment landscape, which features approximately 45 billion dollars from Mexican corporations in Brazil and around 30 billion dollars from Brazilian firms in Mexico. The sectors benefiting from this collaboration include energy, petrochemicals, and aerospace, showcasing areas of mutual interest and investment.
