LatinNews Daily - 21 March 2022

In brief: Mexico and Argentina pledge to boost trade

*Mexico’s economy ministry (SE) has announced additions to the economic agreement it holds with Argentina. The two countries agreed to maintain preferential treatment for the trade of vehicles via a scheme of annual quotas and established a temporary preferential quota for the importation of black beans from Argentina to Mexico. The meeting was led by Mexico’s deputy minister for foreign trade, Luz María de la Mora, and Argentina’s secretary for international economic relations Cecilia Todesca. Both officials reaffirmed commitments to increasing the levels of trade and investment between the two countries. According to the SE, Argentina is Mexico's sixth largest trading partner in Latin America and ranks eleventh as a source of foreign direct investment (FDI) globally for Mexico. In 2021, trade between Mexico and Argentina totalled US$1.86bn.

End of preview - This article contains approximately 132 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.