September 5, 2019 / 8:25 PM / a month ago

Brazil and Argentina to sign auto agreement on Friday: Brazil ministry

BRASILIA (Reuters) - Brazil and Argentina will sign an auto agreement on Friday, Brazil’s Economy Ministry said in a statement on Thursday, without providing any further information.

Brazilian auto exports to Argentina, the largest foreign market for its cars, were down almost 40% in the first seven months of 2019 compared to a year ago, according to national automakers’ association Anfavea.

Reporting by Anthony Boadle and Jamie McGeever; Editing by Alistair Bell

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