Shipments of Argentine wheat to Asia would climb to record highs in the next two months due to the drought affecting Australian production and the lower inventories of the Black Sea. Indonesia, the largest importer in Asia, along with Vietnam, Thailand and the Philippines should receive about 1.2 million tons of wheat from the South American country, said the operators, who have access to shipping data.
The Preferential Trade Agreement Between MERCOSUR and India Consolidates Nearly Two Decades as a Pivot for South-South Cooperation
Since its implementation in 2009, this tariff instrument shared by Argentina, Brazil, Paraguay, and Uruguay has been key to diversifying the block’s export destinations and strengthening trade with one of the most dynamic economies in the Asia-Pacific.
