Weekly Report - 11 March 2010 (WR-10-10)

Mexico's economy minister, Gerardo Ruiz Mateos, testified to the trade and industry committee of the Mexican senate on 9 March about the prospect of a free trade agreement (FTA) with Brazil. Ruiz Mateos said that Mexico would only go into a deal if it secured major concessions from Brazil. Progress towards a Brazil-Mexico FTA was one of the main results of the Grupo Rio summit in Mexico on 22 and 23 February.