Argentina - Brazil (By Sylodium, international trade directory)

Argentina wants to renegotiate the pact that currently sets limits on the auto trade, which makes up 50 percent of commerce between South America's two biggest economies. Brazil has said it is willing to temporarily extend the pact to avoid a jump in Argentina's trade deficit, but only under the current terms. The pact allows Brazil to export just $195 worth of cars and auto parts free of tariffs for every $100 that Argentina sends in the other direction. Economic relations between Argentina and Brazil have grown tense over the past year. The best hope for a new deal may come when Brazil's President Dilma Rousseff and Argentina's Cristina Fernandez meet July 12 to discuss their bilateral agenda on the sidelines of a regional summit in Montevideo. Trade barriers imposed by Argentina sank Brazil's exports to the neighboring market by 20 percent last year. Tensions rose in March when Brazilian mining giant Vale SA cancelled a $6 billion potash project in Argentina due to the deterioration of the economic climate there. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Buenos Aires (Argentina) - Brasilia (Brazil) or any city around the World.

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