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Argentina and Brazil inching closer to common currency for trade

Brazil’s Deputy Minister of Economy Gabriel Galipolo explained that a plan involves a line of credit to finance Brazilian companies that export to Argentina to avoid using the dollar.

Casa rosadaUnited statesLuiz inacio lulaAlberto fernZou xiaoliGabriel galipoloJair bolsonaroBrazilian president luiz inacio lulaBuenos airesPresident alberto fernGlobal southSouthern common marketDeputy ministerEconomy gabriel galipoloIran econLatin american

Argentina, Brazil mulling de-dollarization in bilateral trade

Argentina and Brazil aim to devise a mechanism to omit the US dollar in bilateral trade.

Buenos airesDistrito federalUnited statesZou xiaoliGabriel galipoloSergio massaMercosur southern common marketDeputy ministerEconomy gabriel galipoloLatin americanArgentine economy minister sergio massaSouth american4 argentinaBrazil mulling de dollarization in bilateral trade 34

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