Claudia Sheinbaum and Lula da Silva promote the expansion of the Mexico-Brazil trade agreement.

At a key moment for regional relations, Mexican President Claudia Sheinbaum and Brazilian President Luiz Inácio Lula da Silva held a phone call to discuss expanding the trade agreement between the two countries. During the conversation, the two leaders highlighted the importance of strengthening bilateral economic ties and confirmed the upcoming visit of a Brazilian business delegation to Mexico , led by Brazil's vice president .

The conversation, held on Wednesday, July 23, 2025, was announced by the Brazilian president himself through his official X (formerly Twitter) account. Lula da Silva noted that the dialogue revolved around the strategic role that Mexico and Brazil play as economic engines of Latin America and the need to deepen their ties, especially "in the current context of uncertainty."

Both countries, whose economies are the largest in the region, have expressed interest in moving toward a stronger and more diversified trade relationship that not only reduces dependence on external markets but also strengthens regional industrial and technological development.

Among the most relevant topics of the call, he highlighted the shared interest in promoting strategic sectors such as:

• Pharmaceuticals : strengthening regional production and distribution chains.
• Agriculture : exchange of technology, inputs and agri-food products.
• Ethanol and biodiesel : renewable energy and biofuels as pillars of energy cooperation.
• Aerospace : opportunities for technological and industrial collaboration.
• Innovation and education : exchange of talent, knowledge and investment in applied science.

President Lula wrote on his social network:

"We discussed the expansion of the Brazil-Mexico trade agreement, highlighting the potential of the pharmaceutical, agricultural, ethanol, biodiesel, aerospace, innovation, and education industries as strategic areas in our bilateral relationship."

These areas not only represent an opportunity for investment and growth, but could also become the cornerstones of a new phase of Latin American economic integration .

As an immediate result of this communication, a delegation of Brazilian business leaders , led by the Vice President of Brazil , was confirmed for a visit to Mexico. This meeting will seek to establish direct links with Mexican productive sectors, identify business opportunities, and promote bilateral investment.

The visit represents a concrete step toward translating political will into real agreements between companies and institutions from both countries. The agenda is expected to include meetings with business chambers, economic officials, and the possible signing of memoranda of understanding.

The relationship between Mexico and Brazil has seen periods of distancing and rapprochement, but in recent years, mutual interest in relaunching a common agenda in trade, innovation, and sustainability has grown. This rapprochement occurs in a global context marked by geopolitical tensions, the reconfiguration of supply chains, and the rise of regional blocs.

The possibility of expanding the existing trade agreement between the two countries responds to this situation. Currently, Mexico and Brazil are part of Economic Complementation Agreement No. 53 (ACE 53), which regulates certain trade flows but does not cover all areas with trade potential.

The call between Sheinbaum and Lula is not an isolated gesture, but rather a sign of a new phase in Mexico-Brazil relations , in which political diplomacy is combined with the promotion of regional economic development. The upcoming business visit could mark a turning point if it translates into concrete investment and cooperation agreements in key sectors for the future.

Amid global challenges, the expansion of the Mexico-Brazil trade agreement could become a model for more equitable and strategic integration for Latin America .