SAO PAULO – Argentina plans to delay an automotive free-trade agreement with Brazil for two years. The FTA, which would have eliminated automotive tariffs beginning in 2006, now may not take effect until 2008. The FTA was to have launched next year, at the end of the 10-year Mercosur trade agreement with Brazil and several other South American countries, but Argentine Secretary of Industry and Commerce Miguel Peirano says his country has decided not to comply. “There will be no ...
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