By Bernama.comArgentina has called on Latin America to promote inter-trade among the region's countries replacing the almost US$460 billion of manufactured goods from the rest of the world imported last year.
"More than ever we Latin Americans must consume more goods manufactured in Latin America and thus continue to substitute the huge imports from the outer-region", said Industry minister Deborah Giorgi during the opening of a regional business round held here.
Giorgi added: "We have US$460 billion in imports to replace".
"There's enormous potential to increase inter-zone trade with added value", said the Argentine minister which is closely associated with the country's policy of substituting imports and privileging Argentine jobs and the domestic market.
Among the Mercosur market bloc members, (Argentina, Brazil, Paraguay and Uruguay) "we only trade 16% of the overall commerce of the bloc, while the European Union (EU) absorbs...Read full article
