Brazil and Argentina Discuss Trade and Automotive Agreement

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Representatives from Brazil and Argentina met in Brasilia yesterday (April 26th) for the first meeting of the Brazil-Argentina Bilateral Commission to discuss the expansion of trade between the two countries. Among the main topics addressed were the renewal terms of an automobile trade agreement between the two countries that expires on June 30th.

The current agreement provides for a “flex” system, in which Brazil can sell tax-free to Argentina up to the equivalent of US$1.5 for every US$1 they import from its neighboring country.

During the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?