Sep 11, 2012

Argentine president to visit Brazil

Brazilian President Dilma Rousseff will meet on Friday her Argentine counterpart Cristina Kirchner for talks on enhanced bilateral cooperation, Brazilian authorities said Wednesday.

The Brazil-Argentina Business Council created during Rousseff's visit to Argentina on Jan. 31 will meet for the first time in Brasilia on Friday, a statement released Wednesday by the Brazilian Foreign Ministry, known as Itamaraty, said.

"The council aims to bring business communities from both countries together to address issues of mutual interest, such as competitiveness, scientific and technological development, and common strategies for entering international markets," Itamaraty reported.

According to Itamaraty, Rousseff and Kirchner will discuss ongoing projects under the Brazil-Argentina Integration and Coordination Mechanism (MICBA), in areas such as nuclear cooperation, defense, science and technology, health, transport and the integration of production areas.

Bilateral trade between Brazil and Argentina amounted to about 33 billion U.S. dollars in 2010, and the trade volume in the first half of 2011 rose 27 percent year-on-year.