Brazilian Foreign Minister Celso Amorim was the latest high ranking official to complain about the limitations applied to bilateral trade with Argentina and said it was imperative for the country to understand that Brazil is a huge market.
Amorim warned that a food import ban on Brazilian products would have consequences. His warning comes in the framework of a meeting between presidents Lula da Silva and Cristina Kirchner to address the issue among other bilateral points.
Rumour has it that several Argentine officials encouraged some supermarkets to purchase domestic products, which we are not fond of, for it will eventually lead to consequences explained Amorim when addressing the bilateral trade conflict.
It's imperative for Argentina to understand that Brazil is a huge market for them Amorim then added.
However, the Foreign Minister stated that bilateral trade had experienced an important boost in the first quarter of 2010, which sent the numbers back to the position held before the 2008 financial crisis.
Top Comments
Disclaimer & comment rulesIsn't it wonderful? Argentina spends a seemingly huge amount of energy garnering support from its neighbours over the Falklands issue only to then annoy them. First Chile over the Southern Ice Fields and no Brazil over protectionist measure that the Argentine government deny exist but which are obvious to their trading partners.
May 29th, 2010 - 10:06 am 0Way to go Argentina !!
Considering the Economy Minister meets with business owners with a loaded gun on his desk I would bet they listen to his suggestions. Brazil is not stupid and this will backfire on Argentina just give it a couple weeks.
May 30th, 2010 - 01:03 pm 0Commenting for this story is now closed.
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