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When two of the largest countries on the American continent, Brazil and Argentina, sign an agreement to establish a bilateral payment system in local currencies, it is worth taking note.
Argentina and Brazil agreed to extend the current Memorandum of Energy Exchange until 2025, it was reported Thursday. The document, which provides for the exchange of electric power and natural gas between both countries, was about to expire. As per its new wording, the agreement is to be automatically renewed every four years.
Former Vice President and current Argentina's Ambassador to Brazil Daniel Scioli said this week that once President-elect Luiz Inácio Lula Da Silva takes office on Jan. 1 there will be 'very important advances' in bilateral relations.
Argentina’s President Alberto Fernández flies to São Paulo to become first foreign leader to meet with Brazil’s next head of state; Lula confirms will visit Buenos Aires in his first trip abroad as president-elect, restoring tradition previously broken by Jair Bolsonaro.
Argentina's Ambassador to Brazil Daniel Scioli Monday headed a trade mission in the Brazilian city of Porto Alegre searching for business opportunities at the Federation of Industries of the State of Rio Grande do Sul (FIERGS) which brings together 114 industrial unions and over more than 47,000 industries.