Argentina looks to Mexico for help stimulating economy

BUENOS AIRES, Argentina (AP) " Argentine President Mauricio Macri and Mexican President Enrique Pena Nieto have signed agreements aimed at boosting relations between the two Latin American economic powerhouses.

The 17 agreements signed Friday include cooperation in commerce, education and tourism.

Macri says that Mexico will be vital in his administration's effort to invigorate Argentina's struggling economy.

Macri came to power in December promising to cut bloated spending, curb government deficits and tame one of the world's highest inflation rates.

The pro-business Macri has distanced himself from Latin America's leftist governments and has grown closer to Washington and the countries that make up the Pacific Alliance in hopes that Argentina can become part of the trade bloc composed by Colombia, Mexico, Chile and Peru.

This story has been automatically published from the Associated Press wire which uses US spellings

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