Brazil, Argentina to discuss trade rift
JUSTIÇA DE SÃO PAULO DETERMINA QUE O MUNICIPIO AUTORIZE A EXPEDIÇÃO DE NOTAS FISCAIS ELETRÔNICAS.
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18 de abril de 2024Ministers from Brazil and Argentina will gather Friday in Buenos Aires to discuss a licensing disagreement that reduced trade between the two countries last year.
The ministers also were to discuss such issues as protectionism, exports of services, and the use of local currencies in bilateral transactions.
Since 2004, when former President Nestor Kirchner was in office, Agentina has required licenses for imported products such as home appliances, toys and shoes.
As Argentina’s economy slowed in 2008, licenses were required for more goods, including textiles, tires and cell phones.
The row between the two countries intensified late last year when Brazil began to implement “mirror” measures that delayed non-automatic import licenses, usually granted within 48 hours, for Argentine products.
The rift slashed bilateral trade almost 32 percent to 16.2 billion U.S. dollars in the first nine months of 2009 from the same period in 2008.
Brazil will be represented at Friday’s meeting by Finance Minister Guido Mantega, Foreign Minister Celso Amorim, and Foreign Trade Minister Miguel Jorge, the Brazilian government said.
