Overview
- President Claudia Sheinbaum said on X that she spoke with President Luiz Inácio Lula da Silva about economic complementarity and opportunities for collaboration.
- Both leaders agreed to continue bilateral cooperation, according to Sheinbaum's post.
- Sheinbaum thanked Lula for Vice President Geraldo Alckmin's August visit, which included meetings with officials and business leaders to strengthen ties in scientific, economic, and environmental development.
- Mexican and Brazilian authorities signed agreements on biofuels and competitiveness on August 27, and Mexico's Economy Secretariat signed a memorandum of understanding with Brazil's export-promotion agency Apex.
- El Economista reports that Lula is seeking deeper commercial links with Mexico following new U.S. tariffs on Brazil, while Sheinbaum has ruled out a free-trade deal and Mexico is negotiating with Washington to avoid tariffs.