http://www.reuters.com/article/2012/03/16/us-mexico-brazil-autos-idUSBRE82E1A820120316
Mexico has blinked in its dispute with Brasil over importing autos.
It will slash its soaring Brasil car sales...to an average of $1.55 billion for 3 years.
Mexico's auto exports to Brasil soared by 70% in 2011...hurting Brasil's local makers.
The two nation's long standing free trade agreement will resume in 3 years.
Popular Posts
- PUERTO RICO: The Enigma of Tourism.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- MEXICO: Update On The Electric Power Takeover.