Financial Times FT.com

Argentina and Brazil push against protectionism

By Jonathan Wheatley in São Paulo and Jude Webber in Buenos Aires

Published: March 26 2009 21:28 | Last updated: March 27 2009 00:34

Brazil and Argentina will be pushing at the G20 summit in London next week for developed countries to make strong commitments not to adopt protectionism in response to the global economic crisis, even though Argentina has recently raised non-tariff barriers against imports from its neighbours and Brazil has done little to prevent it.

Brazilian diplomats conceded that calling on developed countries not to protect jobs in their home markets would have little impact in London, although they argued that voicing such concerns was important.

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