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Mexico wants to export more to Latin America

Admin | 07.12.2012

Mexico posts a surplus in the Region’s trade balance, and this should be reinforced, the Deputy Secretary of Foreign Trade in the Ministry of the Economy, Francisco de Rosenzweig, said.

Mexico posts a surplus in the Region’s trade balance, and this should be reinforced, the Deputy Secretary of Foreign Trade in the Ministry of the Economy, Francisco de Rosenzweig, said.

In 2011, Mr. Rosenzweig pointed-out, Latin American products imports amounted to US$14.986 billion, while exports from Mexico were around US$26.865 billion.

“Exports have posted an average 15.2% growth in the last few years, unlike those countries with which Mexico has a Free Trade Agreement, currently 44, for their growth in even term was 7.9%”, de Rosenzweig, representative of the Administration that will leave next December 1, 2012, said.

Work on foreign trade to Latin America allows setting as purpose “increasing exports between 15% and 20% for 2013”, Rosenzweig said. “The Region is the second fastest growing in the world”, he said.

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