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Argentina and Brazil sign energy exchange agreement until 2025

The governments of Argentina and Brazil signed an updated Memorandum of Energy Exchange that will be in force until 2025 to regulate the supply of electricity and gas between their respective countries.

"We reached an agreement to regulate the exchange of electric power and gas between both countries," announced on social networks the Argentine ambassador to Brazil, Daniel Scioli.

Under the new agreement, which will be automatically renewed every four years, Argentina will continue to supply electricity and gas to Brazil.

For this year, Brazil guaranteed to transfer to the neighboring nation the maximum capacity of electric energy supply for . . .

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