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Latin American Economy & Business - February 2015 (ISSN 1741-7430)

Region: The automotive sector - three-way trade dispute?

Mexico and Brazil have been negotiating the future of their automobile trade agreement, which is due to expire on 19 March. Mexico, with a flourishing automotive industry, wants the two countries to move to free trade in vehicles and auto parts, while Brazil, struggling with recession, wanted to maintain a system of import quotas. The outcome of the negotiations also has implications for Argentina, which is a party to the agreement.

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