The Secretary of
Industrial Planning of the Ministry of Industry, Horacio Cepeda, recently met
with the Undersecretary of Foreign Trade of the Secretariat of Economy of
Mexico, Francisco de Rosenzweig, in order to review the bilateral commitments
for trade in motor vehicles and automobile parts.
Both parties agreed
the bases to modify the Economic Complementation Agreement 55 (ECA 55) and
maintain the flow of bilateral trade, free of tariffs on automotive matters,
through a scheme of quotas and countertrade.
The talks recently
held by officials in Buenos Aires, rely on timely commitment made by the
Minister of Industry, Débora Giorgi, and the Secretary of Economy, Ildefonso
Guajardo Villarreal, to continue promoting the automotive sector in both
countries for the benefit of a greater regional productive integration.
In the dialogue
held by the delegations of Mexico and Argentina, in the Palace of Finance and the
Ministry of Industry of Argentina, also took part the Secretary of
International Economic Relations of the chancellery, Carlos Bianco; the
Ambassador of Mexico in Argentina, Fernando Castro Trenti, and the
Undersecretary for Latin America and the Caribbean of the Mexican chancellery,
Vanessa Rubio Márquez, among other officials.
The basis of this
agreement will be presented in the coming days by the Minister Débora Giorgi
and the Secretary of Economy, Ildefonso Guajardo Villarreal.