The world infested with the “ghosts of a trade war” warns Argentina ambassador
The Argentine ambassador to the United States, Jorge Argüello, warned that the world is infested with the “ghosts of a trade war” as he witnesses the protectionist measures applied by developed countries.
The diplomat told reporters that those ghosts on a global trade dispute are “agitated in an interested and irresponsible way by some lobby sectors, especially from developed countries.”
The ambassador's remarks come at a time of high tension between Argentina and the United States and European countries whose governments have lately allegedly imposed barriers to Argentine products, such as citrus fruits, beef and bio-diesel.
Most recently, the United States, Japan and Mexico, as before the EU, filed complaints against Argentina before the World Trade Organization (WTO) for allegedly restricting the importation of goods, through the system of import licences and the one for one policy, demanding companies wanting to import should match with exports.
“This does not constitute a contentious process but rather it grants both sides the opportunity to find a negotiated solution to a difference before embarking in a contentious disputes settlement process”, said ambassador Argüello in a column published in the pro-Cristina Fernandez newspaper “El Argentino”.
He added that “if protectionist countries are those which purchase less, then Argentina is far from that. In 2011, among members of G20, Argentina was the second country to most increase imports. And measured by level of imports, Japan was eighth and the US fourteenth”. Both countries have filed complaints against Argentina at the WTO.
Ambassador Argüello admitted that as a result of the economic-financial crisis which originated in the developed countries in 2008 and 2009, there has been a clear tendency among nations to adopt commercial measures that “affect relations both bilateral and multilateral”.
However in spite of Argüello’s column, the Buenos Aires media on Sunday advanced that this year, following the restrictions imposed by the government on imports, Argentina will most probably reach the target of a trade surplus of 10 billion dollars and if current conditions persist, it could even approach 12 billion dollars.
Suggested Stories
-
May 21st 2013
Falkland Islands: it’s a three-side debate; Argentina must recognize Islanders right to decide their future
-
May 21st 2013
Argentines expect inflation to average 34.9% in the next twelve months
-
May 20th 2013
Brazil trapped by Argentina and Venezuela economic mismanagements
-
May 20th 2013
Iran enforces memorandum with Argentina to look into AMIA terrorist bombing
55 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
¡Como siempre, un reglamiento para Argentina y otro para todos los otros paises del mundo!
As always, the whole World is sided against Argentina.
Funny how they keep bringing up 2011 imports when it's 2012 when all the problems started...pretty convenient huh?
SELF-DETERMINATION!! ITS ALL GOOD!! :)
You wonder why they went from 1st world nations to have beens in about 5 years?
But in your backward, frontier, people's republic you have 1 person who can say whether a product is allowed to be imported or not. Usually with a gun on this desk to tell you the prices to charge once it gets there and a bag of U$ to get your products in.
Do you see the difference?
“Has anyone noticed how in the prior 8 replies there was not a NANOgram of self-criticism?”
That's because they're commenting on the story, why should they anyone indulge themselves by replying on the comments section of a specific story with something that is off topic?
A little aside...tourists in Brazil are getting 8/1 for the peso. They're lucky they are getting that I imagine...
So anyone think 10/1 by Christmas? Or will we see Patacones first?
RG knows that WTO rules will take a couple of years to kick in, so there is a long feedback delay from implementing protectionist measures to receiving the reciprocal measures.
RG can therefore improve their trade balance (as is happening) and then when the reprisals come to a head, revert the policy and play by the rules again. Once the disputes are resolved, repeat the process.
The WTO circuitry needs some fine tuning to avoid this.
Yet you didn't answer my direct question.
@12
The title of the thread is: “The world infested with the “ghosts of a trade war” warns Argentina ambassador”
All you managed to do is yammer at Argentina. Even if you hate the man's guts, he still has a point. The EU and USA are very proteccionists (I would say USA < Europe < China). For them to whine about a frontier 4th world economy when it was YOU that destroyed the world economy is pathetic!!
If you follow the rules the USA would be very hard pressed to keep out any products as you can see by our TRILLIONS in ANNUAL IMPORTS.
You have certainly been brainwashed well!
Yes and the almost incomparably larger AND cheaper range of products one can buy from around the world in the shops in the US/Europe etc compared to Argentina's.
The USA should bring up peanut butter every time these boobs bring up lemons.
BTW it was announce that there is now going to be a 50% tax on any products over $300 ( U$ 46) bought in the exterior and brought back to Arg when traveling.
No more Ipads/phones/laptops/tvs/clothes brought home from the USA. Rgs will be back to the dark ages soon enough.
Bahahaha
By the way well done Colombia, with your jump in economic ranking.
MICHAEL WARREN | September 3, 2012 11:50 AM EST |
BUENOS AIRES, Argentina — Argentina's tax agency has imposed still more rules on purchases outside the country.
New regulations effective Monday apply a 15 percent tax to purchases using online sites or debit cards. Credit cards were subject to similar measures issued Friday. Now all purchases of any kind using the financial system must be fully reported to the tax agency.
The goal is to compare purchases to customs declarations, and apply stiff fines or even criminal charges when they don't match.
Many products can't be found in Argentina due to import restrictions, currency controls and soaring inflation, so consumers use Amazon, eBay and other sites and arrange for travelers to bring the purchases in their suitcases.
Now consumers may think again before smuggling in anything from maple syrup to iPods and digital TVs.
Bahahahahaaaaa...maple syrup hahahahhaha
When will the smart Rgs (if there are any) take back their country?
notparis.com/2012/08/29/when-life-gives-you-lemons-cry-to-the-wto/
They are no mow laptops anywhere in argentina. Friend of mines died.....the geeks tend him thats that. They can get desktops though.....for now.
The wine country better start blowing glass and making corks or Melbec will be bottled in plastic and bags and renamed Maddog 20/20
Great find on the article btw.
either you pay the going price, or you dont,
same for selling,
you reap what you sow.
@6 That would be “Well said, Mr Sh*te for Brains!”
@9 That's a joke, right? Have you not yet understood and accepted that your cesspit is down with the rest of the dregs? Belligerent, dishonest, greedy, mendacious, whining. That's argieland. When, or if, you tossers finally recognise your attributes and, at the least, attempt to mend your ways, someone might attempt to discuss things with you at an intellectual level only slightly less than their own. For the time being, you are nowhere near. At your rate of progress, you might get somewhere by the 24th century!
@16 Of course he has a point. Just not sure whether you're referring to the shape of his head or the shape of his mouth when he pouts though! See whether you can understand this. Does the U.S. “need” lemons? If it doesn't, even you ought to be able to figure out why the U.S. doesn't buy argie lemons. Then, the U.S. is a beef-producing nation. Why would it want contaminated argie meat? And I'm talking about the “veterinary drugs” you lot use that are banned in Europe and the U.S. Because they are unsafe if consumed by humans. Therefore “we” don't want your stuff. Get your act cleaned up. “Over here” we have a very simple saying that you might want to take on board. “The customer is ALWAYS right!”
@20 You are, demonstrably, sub-human!
@23 “We” are protecting ourselves against sub-standard crap. What's wrong with that? Face it, the real problem is that “we” have money and you don't. Get real!
As for stipulations on imports of argri goods, are you suggesting that we in the USA lower the standard on imported products, the same standards we use on our domestic goods in order to allow you to compete?
In the dictionary under 'crazy' the definition should be one step below being an Argentinian......
However worth a shot if it buys some time.
Argentina should be a wealthy country under the current trade system, what difference would changing it make if you can’t fix Argentina first.
www.youtube.com/watch?v=uklF7VtqJq8
Internal Revenue Service (IRS), the Drug Enforcement Agency (DEA), and Immigration and Customs Enforcement (ICE) connected with Operation Fast and furious. Selling automatic weapons to mexican drug cartels.
As many as 200 U.S.-trained Mexican security personnel have defected to drug cartels to carry out killings on both sides of the border and as far north as Dallas, Rep. Ted Poe, R-Humble, told Congress on Wednesday.
The renegade members of Mexico’s elite counter-narcotics teams trained at Fort Benning, Ga., have switched sides, contributing to a wave of violence that has claimed some 6,000 victims over the past 30 months, including prominent law enforcement leaders, the Houston-area Republican told the House Foreign Affairs Committee.
The slaughter has gained urgency amid high-profile assassinations of law officers in Mexico since May 1, claiming six senior officers, five of them with the federal police
Www.sadhillnews.com/tag/project-gunrunner
Is being a dick head an essential requirement to be an Argie diplomat.
You answered both questions
1/we have always done it
2/the government will decide if people should have the choice.
Where is your sense of freedom today.
Notparis is obliviously the type of stuff you read.Onesided,biased and re-enforces the beliefs you have subconsciously absorbed,believing it to be knowledge.I have heard what you said(sic),will you now tell me why the USA and the EU should continue to subsidise agriculture,when the blog you highlight addresses the same issues.Put the prices of your agricultural produce to the true price and stop coming the big man.
If that is what you believe is protectionism, what to do call shutting down virtually all imports as argentina has done? In the USA, imports have increased annually by 5 to 10% a year with the exception of 2009. 2011, we had 2.2 trillion in imports and that's about 15% of our GDP. Tell me what % argentina imports of their GDP, or any other sa country? Or tell me the growth or contract rate of imports in sa countries? I would hardly call that a protectionist market. Someone in increasing trade with the USA.
While you can assume what you wish by my links, but I read everything from liberal to conservation rags and everything in between to form my opinions.
This I ask to you Yuleno:
1-What is the global rate of increase in argentinas overall imports?
2-What percent of argentinas GDP is imports?
3-Will you really tell me the there are no bare and emptying shelves in argentina? Don't think I haven't been or do not go there.
4-Do you deny nestor's actions on beef exports?
In the end there is nothing Argentina can sell the USA that is better and cheaper then we have on our own or can get somewhere else.
He is just pulling your chain.
BTW, guess who provides all that yummy loan cash? USA/UK/EU....you know, your “enemies” ROFLMFAO!
Also, if you don't pay up what you owe to China soon, you may even make an enemy out of them ROFLMFAO!
Argentina will keep subsidizing it's industries just like the USA and EU do theirs. Tough luck, we don't import your unhealthy, steroid infested food anyway.
The effect of its protection of its agricultural industry has a serious impact on other countries of the world.If people do not like calling it protection,what other practises are there that they call by a different name,eg the protection given to General Motors.
Enough racist. That's all you have left, racism... like the rest of the lot here. You are a disgrace to your families (if you have any).
The racist dots por favor!
“Argentina will keep subsidizing it's industries just like the USA and EU do theirs. ”
As long as the money lasts, TTT, only as long as the money lasts. I think the industrial subsidies are just about over now, it all depends on whether we can sell our commodities!!!!!
AHHHH, you morons! So why then when I said I do criticize Argentina but not here was that not accepted?
Dissent stops at the shoreline. That is a good saying from the USA. As long as we have foreigners insulting us, attacking us, our way of live, our culture, our women, our children and the rest, then you can forget it, I'm 100% behind CFK, and that is what you idiots just simply fail to understand. You can't grasp the fact that Argentines will always side with an argentine overa foreigner. Get over it.
In 1970 Chile accounted for under 7% of southern hemisphere fruit exports now it accounts for 60%
Chile meets all Good Agricultural Practices (GAP) standards required by world markets, as certified by recognized international institutions.
The sensible way forward for Argentina must be to develop trade agreements and comply with international standards.
The current political stance of the RG government must be very frustrating for local producers.
#48 Conforming to others standards in order to export goods makes more money than stomping your feet and demanding that the others change.
Sep 05th, 2012 - 02:21 pm
No a cyberK living in Buenos Aires!!!!!
and encourage everybody to trade with Argentina.
Surely Argentina can create a Trade Ministry and a Marketing Plan or something to make things happen.
I think the solution would be for bright people to identify what Argentina has got that people might want, and then try to sell these things to them abroad at a prices these foreigners are prepared to pay.
Are there such people, such things, such markets?
I know ghosts can be pretty scary, but surely Sr. A has got a proton-gun. Cross the streams, Sr. A, and see what happens.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!