The President of Brazil, Luiz Inácio Lula da Silva, received a telephone call from the Mexican President, Andrés Manuel López Obrador. The conversation, which lasted about an hour, addressed bilateral and regional economic issues and the planned visit of the Brazilian president to Mexico.
López Obrador expressed his intention to expand the dialogue between Latin American countries in order to overcome tariff barriers, promoting thus a better environment for trade and investments at the regional level.
President Lula welcomed Mexico’s renewed willingness to discuss issues related to facilitating trade and investment flows between the two countries and suggested dialogue between the ministers of Finance and External Relations.
President Lula thanked his counterpart “for the affection with which he has always treated us” and for the presence of the first lady, Beatriz Gutiérrez Müller, at his inauguration. In response to President López Obrador’s invitation to make an official visit to Mexico, he reaffirmed his intention to accept the invitation as soon as possible.
Brazil and Mexico are the largest economies in Latin America, accounting for around 65% of the regional GDP. They have dense and significant economic and trade relations, supported by instruments such as the Investment Cooperation and Facilitation Agreements (ACFI), from 2015; and Air Services. Trade between the two countries is diversified, amounting to more than 10 billion dollars (stat. 2022 MDIC).