Argentine ambassador reveals conversation with Brazilian Minister of Finance to create a single currency in Mercosur
By Latin America News
This Tuesday, the 3rd, the Brazilian Minister of Finance, Fernando Haddad (PT), received the Ambassador of Argentina, Daniel Scioli, to discuss the creation of a single currency for the bloc of Mercosur countries.
According to the representative of the neighboring country, the aim would be to strengthen trade between the countries that make up the group.
“It does not mean that each country won’t have its own currency. It means a unit for integration and increased commercial exchange in the regional bloc. And, as President Lula da Silva said, strengthening Mercosur and expanding Latin American unity is very important,” said Scioli.
Brazilian Minister of Finance, Fernando Haddad, and Ambassador of Argentina, Daniel Scioli (Photo internet reproduction)
In addition to the exchange rate debate, possible expansions in energy integration between the countries and an increase in bilateral trade were discussed at the meeting.
To journalists, Scioli referred to Haddad as an economist with a “very positive view of the real economy, with a very strong commitment to the objectives of the common currency.”
“It was a good meeting with Minister Haddad to talk about the policies agreed by President Lula da Silva and President Alberto Fernández on energy and financial integration, in addition to increasing trade between our countries,” concluded Scioli after pointing out that Brazil is the main commercial partner of Argentina.
With information from Jovem Pan
Argentina’s soybean crop would be the smallest since 2001
OECD reduced to 0.1% growth projection for Argentina’s economy
Argentina leads this luxury market, but the exchange rate hedge is putting it in check
Industricide in Argentina
MOST VIEWED – TODAY