Mexico Downplays Chances for Free-Trade Agreement With Brazil
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Mexico’s Foreign Minister Patricia Espinosa downplayed prospects for a free-trade agreement with Brazil, saying Latin America’s biggest economy has dragged its feet in trade talks with other nations.
“Brazil currently has trade negotiations under way that date far back with many different countries,” Espinosa said in an interview in Bloomberg’s Mexico City offices yesterday. “This makes us think that it’s a country in which there isn’t much flexibility for a negotiation.”