Argentina, Brazil pursue lucrative joint ventures


(MENAFN) Brazil and Argentina, the two South American neighbors have reached an agreement to re-launch the joint trade commission, which is targeted at boosting their mutual trade and possibly attaining a free trade arrangement.

The deal was followed by a decision to re-negotiate their automobile treaty, let alone scheduling for intensive discussions to realize productive integration, job generation, aggregation of technological value and access to new markets.

Furthermore, the two nations, both founding members of the Southern Common Market, emphasized the growing need to make the market more vigorous and grow the bloc's trade with the European Union and other vital regions.


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