According to details from the Argentine embassy in Brazil, the meetings that Scioli held in the last hours were auspicious. “Both meetings were excellent. Both Haddad and Vieira showed a lot of predisposition to advance in the initiatives that we have been talking about”. In the case of the foreign minister, the meeting with the Argentine ambassador was the first that he held after taking office. Something that was taken as a “signal” by the new administration of the neighboring country.
As they anticipated Ambit official sources, one of the central issues on the agenda was “advance on a deep integration agreement between Argentina and Brazil that they could sign Lula da Silva and Alberto Fernández on the occasion of the upcoming visit of the President of Brazil to Argentina for the CELAC meeting on January 23 in Buenos Aires”.
According to what this medium was able to find out, among the salient points of that agreement stands out “a 180-day trade financing and compensation scheme to increase trade with Brazil”. The initiative would also take place within the framework of the common currency system, or payment with local currencies, as this medium anticipated weeks ago. “The objective is to export more and take care of the reserves of both countries,” highlighted one of the participants in the meeting.
Another relevant project that would be under the umbrella of the agreement is the financing by the National Bank for Economic and Social Development of Brazil, for the second stage of the Néstor Kirchner gas pipeline. Which would imply the possibility of exporting gas from Vaca Muerta and as detailed in Argentine diplomacy: “balancing our trade balance.” For Brazil, it would bring the possibility of buying gas at more competitive prices, which in turn would promote industries in the south of the country.
Prior to Scioli’s meetings, President Alberto Fernández met with his counterpart Lula da Silva on Monday, hours after he took over as head of state. Within this framework, the Argentine president assured that “the link between Argentina and Brazil will be relaunched with all the strength that he should always have.” He also maintained: “we hope to be able to move forward in everything we have discussed, already making decisions and implementing concrete actions.”
Another possibility that has not yet been ruled out is that a direct financing tool be consolidated. This could happen, say government sources, through an assignment of Special Drawing Rights. The truth is that the prospects for greater integration are growing and the possibilities of a concrete announcement this month are growing as well.
Source: Ambito
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