The bilateral meeting will take place on Thursday and Friday in Brasilia, at the headquarters of the Ministry of Industry, Foreign Trade and Services.
Brazil's Minister of Production, Francisco Cabrera, and his counterpart for Industry, Foreign Trade and Services, Marcos Pereira, will discuss this Thursday the future agreement between Mercosur and the European Union and other countries.
Cabrera and Pereira will lead the V Meeting of the Commission on Production and Bilateral Trade in Brazil, a meeting that will also be attended by the Secretaries of Commerce of Argentina, Miguel Braun, and of Brazil, Abram Árabe Neto.
In The agenda of negotiations includes analyzing bilateral trade, market access and negotiations with the European Union. and the rapprochement with other countries, it was reported.
Cabrera and officials from the Foreign Ministry have already announced that there is a possibility of an agreement between the two trade blocs, which could be finalized by the end of the year, although its implementation will take several years.
Argentina and Brazil will also sign a Memorandum of Understanding between the National Institute of Industrial Property (INPI) and its Brazilian counterpart, with the aim of strengthening bilateral relations through cooperation in industrial property.
The meeting will take place amidst the repeated complaints of Argentine businessmen about the increase in Brazilian imports and the growth of the trade deficit.
At this bilateral trade summit the automotive agreement will not be discussed Because last week there was a meeting in Brazil to discuss regulatory issues.
The meetings also include the first meeting of the Binational Business Council, created in 2016 as a private support for negotiations between both countries to improve trade integration and made up of leaders of the Argentine Industrial Union and the National Confederation of Industry (CNI) of Brazil.
Last year, both countries signed a Trade Facilitation Cooperation Agreement, with the support of the Inter-American Development Bank (IDB), for the implementation of a joint bilateral trade facilitation policy that enables the growth of trade flows and the reduction of operating costs.
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