"We hope the agreements we signed today will multiply and will take us to a time when our two countries will have a free trade agreement of absolute integration, which will in turn lead us to strengthening the best of ourselves and so contribute to making Latin America more solid and more attractive for investment," Macri said on Friday, as quoted by Fox News Latino.
Mexico and Argentina are Latin America’s second and third largest economies, respectively. Since 1987, the ACE 6 economic agreement has been in effect between the two countries. The agreement governs bilateral trade between Mexico and Argentina and lowers tariffs on some goods.
During their Friday meeting, Marci and Nieto agreed to build upon the ACE 6 to achieve full liberalization of trade in the medium term.
