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Montevideo, May 25th 2019 - 03:06 UTC

Tag: Argentina Brazil trade

  • Saturday, March 19th 2016 - 05:54 UTC

    Argentina concerned about Brazilian political situation's impact on bilateral trade

    “It's obviously worrying because Brazil is our biggest strategic partner,” said Cabinet Chief Marcos Peña.

    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.