Brazil's Vice President, Geraldo Alckmin, yesterday defended the expansion of trade between his country and the rest of Latin America, recalling that currently, only 26 percent of transactions are interregional.
"In the world, although globalized, trade is tremendously intraregional," said Alckmin, who these days are Brazil's acting president while Lula da Silva is on a trip to China, during an event of the Brazilian Association of Infrastructure and Basic Industries, in Brasilia.
Alckmin gave examples that trade between Asian countries reaches 70 percent, in the European Union 60 percent, and between the United States, Canada, and Mexico, it . . .
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