Tag: Mercosur

Brazil’s President Luiz Inacio “Lula” da Silva and Argentina’s President Alberto Fernández announced the creation of a common currency called “Sur”. This currency would have a regional reach, and it would help strengthen the relationship between the two economies. The two presidents have also shown their support to bilateral commerce and the development of joined projects, among which there is a gas duct through which Argentina could export gas to its neighboring country.