RIO DE JANEIRO, BRAZIL - Brazil and Argentina signed on Thursday, October 3rd, in Montevideo, a trade agreement for the automotive sector. The agreement provides for free trade in automotive goods, starting on July 1st, 2029, with no conditions. Until the free trade is finally achieved, the pact provides for gradual increases, with immediate effect, in the allocated volume of vehicles traded between countries, but with no tariff charges.
The negotiations were concluded on September 6th, in Rio . . .