Mexican President Felipe Calderon said that he supported the idea of fomation of a free trade area between Mexico and Brazil, the two biggest economies of Latin America.
Calderon says that he's enthusiastic about the idea of a deal proposed by Brazilian business executives to push for a commercial accord for the two nations.
Calderon made the comments Saturday in Sao Paulo at the start of a three-day visit to Brazil. He will tour installations of Brazil's state-run oil company Sunday and will meet on Monday with Brazilian President Luiz Inacio Lula da Silva.
The Mexican leader says a free trade accord could help both nations because the economies of Brazil and Mexico generate more than 70 percent of all economic activity in Latin America.
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