"We Want a New Boost in Relations with Brazil," Says Mexican President

05/25/2015 - 10h42

The President of Mexico, Enrique Peña Nieto, said he expects to sign "several commercial agreements" between Mexico and Brazil during the meeting with Brazilian President Dilma Rousseff in Mexico City starting Tuesday, May 26.

"We are going to talk about promoting investments and issues related to agriculture, tourism and air services. We are also going to try to strengthen our commercial exchange and bilateral investments," he said in an interview by email.

He also said the government must intervene less in the economy and stressed that Mexico has always been in favor of the greater integration of Cuba in the continent.

"The government as a regulator has the obligation of looking after free and healthy competition among companies, ensuring macroeconomic stability, fostering innovation and access to credit as well as raising the quality of education," he said.

Peña Nieto also defended the automotive industry, which he says represents nearly half (46%) of the bilateral transactions between Brazil and Mexico.

"With the recent renegotiation of this instrument, we will contribute to foster our complimentarity, and, in doing so, we will improve the performance of both economies."

Translated by THOMAS MUELLO

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