BRASILIA / BUENOS AIRES, 17 May. (Reuters) - The Minister of Foreign Trade of Brazil, Fernando Pimentel, reiterated on Monday that the barriers to the importation of vehicles imposed by his country last week did not represent a "trade war" with Argentina. Dilma Rousseff's government approved the imposition of non-automatic licensing imports of cars from any country, which has bothered especially in Argentina, whose main export market for vehicles is Brazil.
This measure will slow down the import of such goods. "We have very friendly relations with Argentina. There is no reason to believe that there will be a break or trade war," Pimentel said during a news conference in Brasilia. The Brazilian Foreign Trade Minister noted that "the measure" adopted is not directed "against any country," but "protection" of the "auto industry in Brazil.
According to data cited by Pimentel, the trade balance deficit in the Brazilian automotive industry was 1,900 million dollars (more than 1,340 million euros) between January and April this year. Moreover, Pimentel stressed that the new deadlines for the licenses can cause a "flow problem at first," but noted, obey the rules of the World Trade Organization (WTO), which states that permits must be granted within 60 days after the filing of the license.
The minister denied that the decision was in retaliation to a similar barriers imposed to various Brazilian products from Argentina. To close the gap between the two countries, Argentina's Minister of Industry, Debora Giorgi, will meet Tuesday with the Brazilian ambassador in Buenos Aires, Enio Cordeiro, as confirmed by an official of the Government of Cristina Fernandez de Kirchner.
"The commercial relationship between Brazil and Argentina," the source said on condition of anonymity, "is of strategic partners at the automotive sector is not going to be affected" to either side of the border. Giorgi and Pimentel have talked about this issue, she added. The automotive sector in Argentina has expressed its concern about the situation and urged both governments to reach agreement to overcome their differences. 
This measure will slow down the import of such goods. "We have very friendly relations with Argentina. There is no reason to believe that there will be a break or trade war," Pimentel said during a news conference in Brasilia. The Brazilian Foreign Trade Minister noted that "the measure" adopted is not directed "against any country," but "protection" of the "auto industry in Brazil.
According to data cited by Pimentel, the trade balance deficit in the Brazilian automotive industry was 1,900 million dollars (more than 1,340 million euros) between January and April this year. Moreover, Pimentel stressed that the new deadlines for the licenses can cause a "flow problem at first," but noted, obey the rules of the World Trade Organization (WTO), which states that permits must be granted within 60 days after the filing of the license.
The minister denied that the decision was in retaliation to a similar barriers imposed to various Brazilian products from Argentina. To close the gap between the two countries, Argentina's Minister of Industry, Debora Giorgi, will meet Tuesday with the Brazilian ambassador in Buenos Aires, Enio Cordeiro, as confirmed by an official of the Government of Cristina Fernandez de Kirchner.
"The commercial relationship between Brazil and Argentina," the source said on condition of anonymity, "is of strategic partners at the automotive sector is not going to be affected" to either side of the border. Giorgi and Pimentel have talked about this issue, she added. The automotive sector in Argentina has expressed its concern about the situation and urged both governments to reach agreement to overcome their differences.
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