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
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- PUERTO RICO: The Enigma of Tourism.
- VENEZUELA: Chavez Shuffles Cabinet With 9 New Apointments.
- SLOVAKIA: Champion Italy Shocked As Slovaks Move Into Next Round.
- MEXICO: 20,000 Masked Indigena March For Peace In San Cristobal de Las Casas.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
- CZECH REPUBLIC: Intelligence Service Warns Of Russian Infiltrations.