Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Brazil to Limit Appliance Exports to Argentina
Jul 19, 2004
 Printable format
 Email this Article
 Search

Brazil agreed to limit exports of stoves to Argentina and is negotiating quotas on refrigerators and washing machines, in a bid to resolve a dispute with the Argentine government, the Development and Trade Ministry said.

Brazil agreed to limit stove shipments to Argentina to 90,000 this year and has 60 days to negotiate terms for 2004 exports of refrigerators, after accepting a limit of 36,300 units next month and September, said Deputy Trade Minister Marcio Fortes in an e-mailed statement. More than 50,000 stoves from Brazil already have been sold in Argentina this year, according to the O Globo newspaper, citing home appliance executives.

The countries have yet to reach an agreement on washing machines. Brazilian companies have 50 percent of the market for home appliances in Argentina, according to Electros, a Sao Paulo- based business panel that gathers Brazilian appliance makers.

Argentina this month restricted imports of home appliances from Brazil and set a 21-percent tariff on Brazilian televisions. The move raised concern among analysts such as Gustavo Rangel of Barclays Capital Inc. that the dispute may strain relations between the two countries and divide the Mercosur bloc, South America's largest trade zone. 16 (Bloomberg)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows