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Argentina and Brazil agree to advance industrial integration and complementarity in the automotive sector

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The Minister of Productive Development, Daniel Scioli, held a working meeting on Friday (15.07.2022/XNUMX/XNUMX) with the president of the National Association of Automotive Manufacturers (ANFAVEA), Marcio de Lima Leite, who expressed his satisfaction for to carry forward the proposal for a possible compensation structure for bilateral trade operations. In addition, both agreed that The automotive industry is a key and strategic sector for the industrial integration and complementarity of both countries, and the need to take care of Mercosur.

“This meeting confirms Argentina's direction, with more production, more exports, more integration with national components and greater balance in this bilateral trade,” Scioli said and stressed: “The automotive sector is key and strategic. This is also the case for this particular organization, which brings together the major terminals with a presence in our country and the agricultural machinery sector, with a clear vocation for greater integration and productive complementarity between Argentina and Brazil.”

In addition, Scioli stressed that “it is a pleasure to hear that the terminals with presence in Brazil and Argentina are seeking to strengthen investment and launch new models.” In this regard, the minister highlighted the case of Toyota, which “has ratified its investment program to reach a record production of 180 thousand vehicles per year, 70% of which will be for export, incorporating 1.000 new workers.”

For his part, Lima Leite ratified the importance of the meeting for the possibility of “participating and talking in an open, friendly way” with the minister and the consul about the main bilateral issues and praised the relevance of “strengthen ties"between both countries to promote "common investments and the complementarity of the economies of Brazil and Argentina.

Meanwhile, vice president of Anfavea, Ana de Andrade He said: “The agricultural machinery sector in Argentina is highly productive, we manufacture there and invest because we recognize the strength and power of Argentine agriculture. Our goal is to increasingly diversify the models and components manufactured in Argentina, facilitating export to third markets.”

The meeting was also attended by the Consul General, Luis Maria Kreckler; the Director of Corporate Communications and Institutional Relations of Mercedes-Benz of Brazil, Luiz Carlos Moraes; and the Deputy Consul of the Economic-Commercial Section, Investment Promotion and Tourism, Pedro Gentico.

Also present were the Vice President of Ford South America, Rogelio Golfarb; from Hyundai Brazil, Ricardo Martins; from Toyota the executives Rafael Ceconcello, Roberto Braun and Rafael Chang; from Stellantis João Irineu and Antonio Sergio Mello; from IVECO Eduardo Freitas; and the Director of Government Relations for BMW Brazil, Gleide Souza; and Public and Government Relations for General Motors South America, Adriano Barros. Also participating in the meeting on behalf of Anfavea were the directors Henry Joseph Junior, Vinicius Rena Pereira and Aurélio Santana.

It should be noted that Argentina and Brazil are the South American countries where the automotive industry has historically developed the most. Since the beginning of the 20th century until today, they have remained among the main producers.Press release from the Ministry of Productive Development)

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