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FM: Brazil gives priority to developing strategic relations with Argentina
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10:42, February 21, 2008

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Brazilian Foreign Minister Celso Amorim said here Wednesday that the Brazilian government would give priority to the development of strategic relations with Argentina and enhance bilateral cooperation in all fields.

Amorim made the remarks at a summit of the Foreign Ministers of South America and Arab Countries (ASPA) in Argentine capital Buenos Aires.

He said that as important members of the Common Market of the South (Mercosur), Brazil and Argentina have not only developed close relations in trade and investment but also share many mutual interests and opinions on regional and international issues.

Brazilian President Luiz Inacio Lula da Silva is scheduled to visit Argentina this week and sign an energy cooperation pact with Argentine President Cristina Fernandez de Kirchner and Bolivian President Evo Morales.

Brazil is currently the largest trading partner of Argentina. The two countries are the first members of the Bank of the South, a regional development bank designed to provide financing to South American countries and seen as a counterweight to the International Monetary Fund and World Bank.

Source: Xinhua



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