In 2011, trade between Argentina and Mexico reached US$ 3 billion, with Argentina experiencing a deficit of US$ 896 million. President Mauricio Macri and Mexican President Enrique Peña Nieto called yesterday for a strengthening and deepening of bilateral trade with a view to promptly signing a free trade deal by next year. Saturday, July 30, 2016 Argentina, Mexico embrace free tradeMexico’s President Enrique Peña Nieto presents The Order of the Aztec Eagle to President Mauricio Macri, in the Salón Blanco at the Pink House in Buenos Aires yesterday. The existing agreement between Mexico and Argentina concerning tax exemptions on quotas of vehicle exports may also be included in the negotiations. But in 2014, trade dropped to US$ 2.35 billion, and the deficit decreased to US$ 252 million for Argentina.

Source: Bueno Aires Herald July 30, 2016 02:26 UTC