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Brazil/Argentina Spat Over Import Licenses Delaying Mercosur Bilateral Trade

RIO DE JANEIRO, BRAZIL - Brazil expressed its disappointment with the Argentine policy of delaying the approval of the so-called nonautomatic import licenses which has seen millions of dollars in sales held at the border. This situation has been increasing in recent months, in what is considered a breach of bilateral accords in the framework of Mercosur agreements, and the World Trade Organization (WTO) rules.

One of the main groups to complain about the delays is the Brazilian National Association of Automotive Vehicles Manufacturers, Anfavea, which has some US$100 (R$550) million exports delayed in the Argentine border, and . . .

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