Argentina-Alliance with Brazil.

ARGENTINA.

ALLIANCE WITH BRAZIL.

There will be a US$30 billion of investment into Argentina, from Brazil in the next few years in wind-farms, the rural sector and joint oil and gas projects, it was confirmed last week.

The trip by President Kirchner to Brazil in December, appears to have been successful and the president said when she returned, "we look on Brazil as partners rather than competitors".

Argentina and Brazil are going to drop using the US dollar for inter country trade and use each counties own currency.