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Brazil, Mexico Sign Bilateral Agreement

Posted: May 29, 2013

Representatives of the Brazilian and Mexican cosmetic industries have signed a bilateral trade agreement, which seeks to eliminate duties between the two countries for 31 categories of products—including fragrances, makeup, shampoos and deodorants.

The agreement aims to strengthen both the Brazilian and Mexican cosmetics industry and contribute to job creation. The agreement, signed by João Carlos Basilio (ABIHPEC) and Carlos R. Berzunza Sánchez (CANIPEC), updates the 2002 economic agreement between the two countries.