The Government says there will be new opportunities for North East companies from talks starting on a new free trade agreement (FTA) with Mexico.
As Mexican Secretary of Economy, Tatiana Clouthier was in the UK to meet with International Trade Secretary and Berwick MP Anne-Marie Trevelyan, the Department for Trade said a new deal with the second largest economy in South America would help the 225 North East firms that sell £46m of goods to Mexico.
It also pointed to the region's exporting of machinery and transport equipment - which it said made up 64% of North East trade with the country - and claimed preferential automotive tariffs on the negotiating table would help.