Brazil will be supplying the Argentine navy with four IKL German manufactured submarines, two at a time, which are in need of repair and refurbishment before they become operational, and also help with the training of personnel for the vessels.
The Brazilian Air Force visited the Yuma Proving Ground (YPG) in the US a month ago to run a series of low-altitude cargo extraction tests as part of a certification process for their new cargo plane.
Brazil’s central bank has denied any planning is underway to create a monetary union with Argentina, after a spokesman for the government in Buenos Aires said on Thursday it was the case.
Brazilian Vice President Hamilton Mourao on Friday told journalists that the government will not exclude Chinese telecom company Huawei Technologies Co from operating a fifth-generation (5G) mobile telecoms network in Latin America's largest economy.
The presidents of Argentina and Brazil said on Thursday that an agreement is imminent on a free trade agreement between the European Union and Mercosur. Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.
The conservative presidents of Brazil and Argentina reiterated their rejection of Venezuela's socialist government Thursday as the far-right Brazilian politician Jair Bolsonaro made a state visit to Buenos Aires.
Brazil’s environmental protection agency IBAMA has launched its biggest-ever operation to tackle illegal logging that is accelerating Amazon deforestation amid a surge in tree-felling since President Jair Bolsonaro took office.
Brazil and Argentina have started discussing a reduction in the common external tariff (TEC) of the Mercosur trade block, sources in both governments revealed on Wednesday, as their market-friendly presidents look to boost economic growth.
Brazilian banks are chalking up “excessive” profits, Economy Minister Paulo Guedes said, adding that the country needs an injection of competition to end what he called the cartels that dominate many of its major sectors.
Brazil's right-wing President Jair Bolsonaro received the diplomatic credentials of Venezuelan opposition leader Juan Guaido's envoy to Brazil, formally recognizing her as the ambassador of the neighboring country.