A trade agreement with Egypt and the approval of a much-delayed customs code are two of the highlights of the Mercosur leaders Tuesday meeting in Argentina for one of the two annual summits.
Trade among Mercosur full members Argentina, Brazil, Paraguay, Uruguay and Venezuela in the process of incorporation is forecasted to reach 41 billion US dollars said Brazil's ambassador to Argentina Enio Cordero. This is a significant leap from the 9 billion of 2002 and 4.5 billion in 1991 when the block was established.