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The end-of-year results show a significant decrease in sales for all main types of machines. The drop is due to an increase in production costs combined with the difficulty of access to credit by buyers. The negative trend is also being seen in Europe and North America

After 25 years of negotiations, the European Commission and the Mercosur member countries have signed an agreement to create one of the world's largest free trade areas. Among other things, the agreement includes a a EUR 4 billion reduction in duties and non-tariff barriers