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The furniture industry associations of Brazil and Argentina reached agreement through negotiations on the 4th. On the basis of 2008, Brazil furniture exports to Argentina will be reduced by 35% this year. It is understood that Brazil exported 155 million US dollars to Argentina furniture in 2008, of which wooden furniture exports 41 million US dollars. In the first quarter of this year, Brazil exported US $ 16.5 million to Argentina.
Affected by the financial crisis, Argentine companies strongly urged the government to take protective measures to improve the bilateral trade deficit with Brazil.
Affected by the financial crisis, Argentine companies strongly urged the government to take protective measures to improve the bilateral trade deficit with Brazil.
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