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Argentina and Brazil inching closer to common currency for trade - Vimarsana News

Argentina and Brazil inching closer to common currency for trade

Published: May 4, 2023

Brazil’s Deputy Minister of Economy Gabriel Galipolo explained that a plan involves a line of credit to finance Brazilian companies that export to Argentina to avoid using the dollar. 

Source: almayadeen.net
Related Topics:
Casa RosadaUnited StatesLuiz Inacio LulaAlberto FernZou XiaoliGabriel GalipoloJair BolsonaroBrazilian President Luiz Inacio LulaBuenos AiresPresident Alberto FernGlobal SouthSouthern Common MarketDeputy MinisterEconomy Gabriel GalipoloIran EconLatin AmericanChinese Ambassador Zou XiaoliPresident Jair BolsonaroLuiz In Xe1 Cio Lula Da SilvaDe DollarizationAlberto Fernandez
China, Brazil announce de-dollarization of mutual trade - Vimarsana News

China, Brazil announce de-dollarization of mutual trade

Published: March 30, 2023

The two BRICS partners strike a deal to ditch USD with the aim of easing financial transactions between the two countries and reducing trade costs.

Source: almayadeen.net
Related Topics:
Saudi ArabiaSouth AfricaUnited StatesSouth AfricanNaledi PandorJanet YellenLuiz Inacio LulaChina BankInvestment Promotion Agency ApexbrasilBrazil China Business SeminarLatin AmericaPresident Luiz Inacio LulaIran EconInvestment Promotion AgencyCommercial BankSecretary Janet YellenSouth African Foreign Minister Naledi PandorDe Dollarization