Argentina proposal to increase Mercosur common external tariff from 22% to 35%
Argentina is planning to propose its fellow Mercosur members to increase the common external tariff, CET from the current 22% to 35%, when they meet at the next summit in Mendoza. Argentina currently holds the pro tempore chair of the group and at the coming summit the helm will be transferred to Brazil.
Last week during a bilateral meeting Argentine Foreign minister Hector Timerman advanced to his Brazilian peer Antonio Patriota, President Cristina Fernandez administration initiative to be presented next June 28 in Mendoza to the group’s partners increasing the external tariff to the maximum allowed by the World Trade Organization.
The CET is the levy paid by third countries for goods entering any of the four members of Mercosur. The current 22% was established back in 1994 with the so called Ouro Preto accord when the main instruments of Mercosur commercial policy were established.
The idea of the Argentine government is that the tariff can only be below 35% in cases where there is an existing open trade understanding as happens with Chile, Venezuela, Colombia and Peru, according to reports in Buenos Aires Ambito Financiero.
From Brazil there have been no further comments regarding the initiative but for a mention in Folha de Sao Paulo saying the Foreign Affairs ministry is considering the proposal.
Uruguay and Paraguay have not been informed yet, but in Montevideo they are expecting the news any moment, and are already working on the issue according to government officials.
Foreign minister Luis Almagro said he was holding meetings with President Jose Mujica to address the issue and instructed the head of the Integration and Mercosur Desk Alvaro Ons to prepare a report on the consequences for Uruguay if such a decision becomes effective.
But Vice president and economist Danilo Astori was less cautious in his words and said that, from an economic theory point of view clearly such a proposal is not the course to follow. For Uruguay with a small market, an open economy is crucial and the policy has been to lower tariffs as much as possible.
However Deputy Economy minister Luis Porto said the issue will be addressed when it is officially presented. “”We have not received any proposal; it was informed to Brazil with the anticipation that it would be made known to Mercosur. So the issue has not bee presented, and as such it is not being addressed or considered”, said Porto.
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56 comments Feed
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May 22nd, 2012 - 11:43 am
Would it be that with a super-crash nobody would notice Kretina escaping with the US$70.000.000!!!!
Who knows how much $ they really have but it won't help much if there are bloody riots and she is held accountable by the next Prez who will for sure be in the opposition.
Why don't you pack up and get the heck out!
Grow some balls instead of complaining.
Hi tobias, good to hear from you. Why the hell shouldn't I complain, the blooody peronists are taking our country down to hell and the only chap who could have opposed them is a vecino of yours who is dedicating himself to his day job.
Specially since Mendoza is not even a breakbasket province, thus the farming tax would have made not difference to us.
I'm glad to see that you also admire Cobos, and I sincerely believe he is the only person with balls enough to “hacerle frente a la” Kretina and her troupe of idiots. The rest of the UCR are practically La Campora and entirely useless.
I wonder if Don Julio will have shot at it?
He was just an OK governor (but Mendoza historically has been a very well governed province so it doesn't say much). He did continue the policies of gov Iglesias, specially in public transport which is why Mendoza today has a metro and urban expressways when not even Rosario or Cordoba have them.
Mendoza has a good history of political stability and continuity, only Mendoza and Capital Federal honored their debts in the 2001 crisis.
He just doesn't have that ''leadership” a politician needs.
I think what we need is a little bit of peace and quiet to get over the hysterics of the Kretina and see if we can pull the country together again, surely we've had enough of Argentine against Argentine.
The labor unions in Mendoza are not as extremist and thus you don't see the street protests or daily strikes. The business men are more connected to the society thus have a bit more sense of responsibility.
So he may have been well for governor but in the histrionical world of Buenos Aires, he is just not assertive enough (assertive to the point of stubborness, which is necesary there since you can't be seen as giving in one centimeter, or the sharks will smell blood). That is politics out on the great city.
Macri - Ok in BS AS but has no projection in the provinces.
Carrio - Doesn't exist.
Alfonsin - Idem.
Binner - No charisma.
Peronismo Federal - Maybe Scioli if the K's let him live.
30% inflation in Argentina - wow, out of control
5% average annual wage rise in Argentina - poor workers =
Bark Bread Recipe
100 grams of yeast
1x Litre of luke warm water
1x Litre of rye flour
1.5 Litres of white flour
1/2 cup of bark flour from the local forest
Blend ingrediants and knead dough.
Allow to rise for one hour.
Roll out into smaller rounds.
Baking time varies according to size of the bread.
Leave in the oven for 10 minutes at 225C.
May 22nd, 2012 - 03:43 pm
No gas, thanks to Kretina's YPF adventure!!!
Impressive, that ingredient list straight out of your head like that. Seems around your parts they may be experts on the recipe as of late... say, the last 5 years.
Talk about economic suicide.
Hey if they want to be flooded with subsidized European products, they are welcome to.
Argentina won't.
You ARE arrogant and full of double morals...
I don't blaim the islanders, not even Britain, only you sad colonialists spitting your venom on these threads...
You're right Argentina won't be flooded with European products (subsidised or otherwise) because Argentina won't have any money to buy them.
Argentina also won't have any food because CFK is planning on trading it for oil. And you won't have any fuel because she'll trade that oil for money which will go straight into her off-shore bank accounts.
Poor tobias, you probably won't be able to post comments in the not too distant future, as there will be sweeping power cuts across Argentina. Pity.
Very little info about this topic on Internet...............
But, based in my primitive understanding of the Portuguese language, it seems that the Argentinean proposal to increase Mercosur common external tariff to 35% has been positively received in Brasilia.
I think if you look back at all the economies that have failed in the last say, 100 years this is right out of the textbook on how to do it!
So in their infinite wisdom on top of 35% inflation, HUGE increases in TAXES, UTILITIES, WATER they are going to add MORE TAXES onto imports even for things they don't make in ARG like CANCER MEDICATION, DENTAL SUPPLIES, HIV MEDICATION, CAR PARTS, DIAPERS, ETC ETC ETC to what end? When do the people raise up and say they have had enough madness?
I think it will be sooner rather than later.
Maybe they aren't rising up because your information is utter crap.
Just saying.
I hear if you go to a pharmacy to get CANCER OR HIV meds you can only get up to a 3 day supply. IF THEY HAVE ANY AT ALL IN STOCK!
The import restrictions are literally killing people.
Which some is... well, mainly exagerated to the point of being transmogrified.
Is the 5.90/1U$ wrong? Can everyone get every medicine they need? Have you taxes gone down? Hmmm which one is overly exaggerated? I wonder?
Where can they? I'll move there in a hearbeat.
(USA doesn't count, you price out 50 million people flat from your healthcare in order to give the appearance of a plentiful healthcare system, and Europe and Canada doesn't count, they ration service in order to cover most people in the health net)
I hope the USSC invalidates the Obamacare law. It is a nightmare that will make our hospitals and medical care into Argentina.
Hospitals in Argentina are filthy horrible places with equipment from 50s horror movies. I tried to be a good citizen when I lived there and went to give blood because my type is rare but I had to walk out because it was too dirty and scary. I think some news organization should go to BA and show the people of the US what Socialized medicine gets you. YUCK!
You just met one.
How does it feel?
For all the horrors of our hospitals, our life expectancy is 76 yours 78. And our loses a full 8 months due to traffic accidents.
Yet you pay 10 times more for basically the same.
Speaking of dumb people.
The biggest drain on our healthcare is with illegals who go to emergency rooms without insurance and must be treated. USA should get the home country to pay their bill.
I would pay 100X more than you to be in our hospitals. It is my life at stake you know.
And it is the joke of the world not for those things ocurring... but because of the money poured into the system. It is probably the most lourd example of ineptitude in modern times, so much cash so little return.
I agree the costs are out of control that is why the gov't needs to get out of the funding. That will solve a lot of our problems.
You are such a jealous little guy. I told you before I would give you and Guzz a job. You just have to fly to northern mexico and hire someone to help you cross the boarder(bring lot s of water) . When you get to TX or AZ give me call.
Nah, I just enjoy making a fool out of you (you started with your “information”). Next time just don't make comments about Argentina and we are all good. Believe me I won't even mention the USA as I don't care really.
When people are civilized, I never say anything about their countries, I just stick to my own and even criticize it myself (Peronism thread for example).
I'm not impressed by internet claques, which all of you anti-argy folk are :)
I think it's funny you think I look those words up. Since there is no synonym for “claque” then obviusly I must know the word to bein with at the top of my head. That fact is irrefragable.
I don't get why some of you are jealous that I command a panoply of vocabulary. I just studied hard, I'm no genius... I simply spent time others used to drink beer and watch too much sport.
No secret to a good education, but hard effort.
And a good good English Oxford Dictionary.
BTW big articles today confirming the LACK OF MEDICAL PRODUCTS IN ARG. Hard to give medicine or do blood tests without a syringe. Maybe you can reuse them like the drug addicts. Just put them in clorox. hahaha
Do you hate when I am right and you are wro...no lets say...look foolish ? Think does that is why he won't talk to me anymore. Aww I miss it.
Is the peso 6/1 today? Brazil's devaluation is going to KILL Argentina's exports. There is going to be a race to the bottom!!
Swiftly coming to an end...and I am glad to be watching from afar.
May 23rd, 2012 - 01:27 pm
I'm afraid this time yankeeboy is right. I've just heard from my elder brother in Córdoba that his hip operation has to be posponed because the replacements are among the imports “delayed” in Aduana. My sister-in-law tells me that the “agente de aduana” suggested to her that she should go to Chile to buy the replacement and smuggle it back to Córdoba!!!
I am not being passe about this, but I would imagine some really sick people, particularly the older ones, just couldn't be bothered and would rather die.
At least they would be out of all this crap that their government gives them (or snatches off them in most cases).
Despicable people in charge.
There is no doubt about it that there are people dying from Moreno's stupidity, and the peoples' reaction to it is very much what you say Chris. One of the major problems is that almost 50% of our population are basically poor, and I mean poor. People who really don't know where their next meal is coming from and it is these people who are suffering from the import bans. The very people who Kretina says she is trying to help!!
These are people who have no form of self defense because they voted for Kretina and her troupe (their votes were bought) and so have no one to turn to in their hour of need because the representative who they voted for follows the “relato” which means he/she does not see a problem with closing the country to imports. The Argentine Government is totally mad, bi polar just like queen Kretina.
And Toby has a nerve to criticise others health care systems. I mean honestly, what kind of Doctor can't tell the difference between dead or alive?
I know of one country where you can get the meds you need. Why not have a look at Scotland.
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