Brazilian President Luiz Inácio Lula da Silva Monday said that his country and Argentina have adopted almost 100 actions to give substance to joint development between South America's two largest economies, Agencia Brasil reported.
The Argentine government expressed its concern about the impact the Brazilian political crisis will have on trade between the two countries. Argentina and Brazil are the principal partners in the Mercosur common market, which also includes Paraguay, Uruguay and Venezuela. Brazil and Argentina are mutually principal destinations for their manufactured goods, meaning that bilateral trade is crucial for both.