Amid an ideological scuffle between both countries’ presidents, the Jair Bolsonaro government sat down with Argentinian Foreign Minister Felipe Solá today. Four months after the election of Alberto Fernández as President of Argentina, this was the first official attempt of either administration to calm tensions and have a pragmatic discussion about the future of trade in South America and Argentina’s path to economic recovery.
With Argentina’s licking its wounds after entering an economic emergency and desperately trying to renegotiate the terms of its massive International Monetary Fund (IMF) loan, Mr. Fernández’s administration sees this meeting as a way to get back into its neighbor’s good books.
During the meeting, Mr. Solá said that though Argentina understands Mercosur needs free trade deals with other countries, such as Israel, Lebanon, and Central American nations, they have to “maintain an open mind so that they don’t become an obstacle.”
Defending a pragmatic and realistic stance, the minister asked “our Brazilian brothers [to help] in whatever way they can” with the deal with the IMF. With U.S President Donald Trump having promised such support to Mr. Fernández, the good relations between Mr. Bolsonaro and Washington could be an extra push.
Before being elected in October 2019, leftist Alberto Fernández...
The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…
A ban on former President Ricardo Martinelli upended Panama’s elections, but his running mate is…
The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…
The preliminary report on AI regulations presented to Brazil’s Senate last week provides a middle-of-the-road…
In 2000, Formula 1 great Michael Schumacher had just racked up his 41st race win,…
Overall, the worldwide economic outlook has improved according to the Organization for Economic Co-operation and…