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By David Ramírez Europe’s ailing gross domestic product growth and Latin America’s rising economic woes drove trade between the two regions to fall 4 percent in 2014, to €203 billion (15 percent down in US dollars, to $247 billion). Although bilateral trade dropped for the second year in a row, the EU maintains a trade surplus with Latin America since 2012. EU trade with Brazil–its main partner in the region, accounting for over a third of the total–declined 7 percent last year as the Brazilian economy cooled off fast and its exports to Europe (mainly foods and minerals) lost value. […]
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