Argentine president Alberto Fernández announced support for Mercosur and anticipated a joint ambitious all embracing agenda with Brazil, based on shared fraternal history and which he underlined is far beyond any personal difference of current rulers.
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.