Brazil's Bolsonaro wishes Argentina well under the new government

Brazil's right-wing President Jair Bolsonaro, who has criticized Argentina's new left-leaning Peronist government, said on Wednesday he hopes his neighbor will do well because it is the largest Brazilian trade partner in Latin America.

"Argentina has a lot to offer us and us to Argentina," he said in a speech to the CNI industry lobby. Bolsonaro had called incoming President Alberto Fernandez a "red bandit" but adopted a more conciliatory tone since he took office on Tuesday and highlighted the importance of relations with Brazil in his inaugural speech.