Argentina easing imports’ restrictions mainly for Mercosur associates
The government of President Cristina Fernandez has decided to revoke non-automatic licensing requirements which had been placed on certain products before they could be imported into Argentina for consumption, according to a resolution published Friday on the Official Gazette. But earlier in the week Argentina increased the import tariff on a hundred products to the maximum authorized by WTO, which is 35%.
Resolution Nº11/2013 annuls 17 resolutions that had been signed between September 1999 and February 2011 and that had established restrictions on the import of certain products.
Among the products that have now have had their licenses stripped include: paper, home-ware, toys, shoes, motorbikes, bicycle equipment, balls, textile products, shoe materials, metal products, woven and knitted items, tyres, screws, auto-parts, vehicles and tools.
Most of the products ‘liberated’ refer to complaints from Mercosur associates (Brazil, Uruguay and Paraguay; Venezuela only recently became full member) but there still is a long list which remains ‘trapped’.
Import restrictions and an import substitution scheme have constituted pillars of the Cristina Fernandez administration attempt to boost domestic manufacturing and exports and increase the dollar inflow in order to tackle foreign debt.
Non automatic licences include 600 products and force importers to request special authorizations, following complicated paper work and approval can be delayed more than the sixty days contemplated in the WTO ruling for what is described as an ‘exceptional resource’.
Last year Argentina applying these mechanisms and other non-written requisites managed a trade surplus of 12.7bn dollars, up 26.7% over 2011 according to official data from stats office Indec.
The elimination of licences had been repeatedly demanded by different importers’ chambers and manufacturers that needed specific inputs from overseas to keep production.
Earlier in the week Argentina also announced that it was raising import tariffs 35% for a list of a hundred products, in line with a resolution adopted by Mercosur to protect country members from international trade ‘misbalances’
The list published in the Official Gazette includes products such as motorcycles, computers, mobile phones, toys, furniture, tools and foot wear parts. In all cases the new import tariff to be applied as of this week is 35%, the highest authorized by the World Trade Organization.
In December 2011 Mercosur agreed that each member country could increase tariffs on up to a hundred products from outside the block, but respecting the WTP cap.
Mercosur adopted the measure arguing “trade misbalances as a consequence of the international economy situation”. In other words Mercosur members claimed that the big global exporters with the main markets in recession were virtually ‘dumping’ (or trying to) all their excess production in emerging countries at prices which were not transparent as far as costs are involved.
The current increase of tariffs to 35% will be effective until 31 December 2014, according to the resolution adopted by Mercosur.









113 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.
www.liveleak.com/view?i=ce2_1337459756
AR breed the likes of 'I Don't Think' aka The Turnip In Chief (even though he is implanted), in that they lie and obfuscate the truth to suit their own ends.
Such people CANNOT be trusted.
all you have to do, is
bann exports , bann imports,
break of diplomatic relations with those you mention,
and off you to to a whole new world exprience ..
Beef, wine, avocados, cherries, apples, grapes, cheese ...I don't need nothing else!....uuuujajaja!
ar.noticias.yahoo.com/alicia-castro-inst%C3%B3-di%C3%A1logo-breta%C3%B1a-cata-vinos-155100871.html?bcmt_s=m#ugccmt-container
DAM I would have thought twice before drinking anything that bitch offered me.
Peace out!
Seems Paraguay was led by an earlier incarnation of Nostrolldamus. That worked out well for them.
Exports in 2011: 83.9$ billions
Exports in 2012: 81.9$ billions
No need to pay debt with more debt plus interest......
Mission accomplished.
Have a good day
You have no idea of what you are talking about Argentina produces more diverse products than Britain.
BTW what produce Britain on these days apart of debt, unemployment, ponzi scams, gangsters and idiots?
Funny they are allowing products in from the countries that AREN”T suing them at WTO.
It is just a PR stunt it won't really make a difference anyway. Arg has no U$ to pay for the imports so it is just to be able to point to a meaningless document and say See we aren't blocking them. What a bunch of liars.
Jan 26th, 2013 - 02:04 pm
Just one British company, Rolls Royce Aerospace, has sales of £62.2 BILLION which is the equivalent to Argentina's GDP!!!!!!!
I tought Zhivago don't want to post in MercoShit anymore!
Will they ever afford to plant some grass in your capital city again yankee? Let's take some bets on that. I bet no, they'll just wait for summer for it to just come back.
BTW what produce Britain on these days apart of debt
Im not an expert, but these are some things about British export.
Just some countries in pounds, [ave ]
1, Canada £4 billion
2, Sweden £ 5 billion
3, Russia £ 3.8 billion
4, Japan, £ 3.6 billion
5, china £ 7 billion
5, Singapore, £ 2.8 billion
6, Hong Kong, £ 3.5 billion
7, USA, £ 31.7 billion
8, Ireland, £ 14 billion
9, France , £18.9 billion
10, Spain £ 7.9 billion
11, U.A.E. £ 3.8billion
12, Germany £ 27.5 billion
13, India, £ 4.6 billion
14, Australia, £ 3.3 billion
Not bad,
Top ten products.
1, nuclear items,
2, minerals and fuels
3, cars
4, electrical machinery
5, pharmaceuticals products
6, gem stones,
7, medical and surgical items
8, organic chemicals
9, aircraft and spacecraft.
10, plastic items.
Not bad for a broke country
And that’s just a fraction,
www.guardian.co.uk/news/datablog/2010/feb/24/uk-trade-exports-imports#_
NEXT.
British you know there great .chuckle..
and argentine exports are what.
mmmmmmmmmmmmmmmmmmmmm
.
Most educated people don't plant or sow grass in the winter!
I heard that this year there are lots of vacancies though, LOTS, instead of 2 week almost people were only booking 4-5 days and spending 40% less in the bars and restaurants.
There were also a lot less foreign tourists who spend significantly more than RGs so I bet you'll see many Hotels, restaurants, bars etc closing for good after the season is over. Even BA has a 40% vacancy rate which will probably bankrupt the Hotels if it lasts too much longer.
I'd say 40% vacancy is taken any time by hotels there in january. You retard. Now we know you never been to Argentina.
You are obsessed with the Argentine beaches changing weather... well we are not located by the equator you moron. We have a winter, you idiot. Yeah, that's Argentina's fault too, what a sawdust of a mind you have, and bitter and hateful against another country to boot you even blame the weather on it!
You've lost it yankebroke.
Better get that debt cealing up to 20-25 trillion soon, or brrr. hahahaa.
I lived at the only real 5 star hotel in BA for a couple months during the last collapse and I know people there very well and they are very concerned for their jobs because it is so slow. I am not implying the Four Seasons will close but lots of others will.
I don't like any of the beaches in Argentina or Uruguay, in MDP the sand is wet and it is so windy most people have tents to keep out of the blowing sand. It was really weird to see it the first time. Also the water is Brown and freezing. I will never go there again it's gross.
I also think PDE is completely overrated. Again it's super windy and there is absolutely nothing to do any other month but January. I used to go to the Conrad every couple of months to renew my tourist visa. It was a cheap and easy trip from BA but boring boring boring.
I wonder how profitable CFK's hotels are, this season?
Kinda like California beaches then... anyone ever wonder why Americans don't promote this beaches anymore? They used to in the 50s, 60s, 70s... well because they are beaches in the middle of the Great American Pacific garbage patch, which is in fact the world's largest refuse dump... and plastic and all kinds of other crap washes up daily there. They have to close beaches all the time, and the waters are horribly cold to boot.
Then you have the gulf, which is a horrible place because the beaches are crowded with people that consider someone who is 100 kilo at 1.80m tall as anorexic. Oh, and they have balls of tar oil wash up daily there... yummm..
And then the eastern beaches, which are toxic cesspool from North Carolina and points north (and the beaches are awful), and south of that you have to run for your life every two weeks during the tropical cyclone season.
And then there is Hawaii the most overrated paraside on Earth, where a liter of milk cost what four liters do elsewhere, and you walk the streets where everyone is on HARD drugs (Crack, cocaine, meth, etc), and many unemployed.
I think that sums it up.
Good job by CFK! I being wanting to see something this simple for a long long time, apparently there is less restrictions on taxing, than the restrictions on out right banning products. Let's hope more products make that 35% tax list to simplify things a little.
Mean while in another part of the planet
”With an average income of around KYD$47,000, Caymanians have the highest standard of living in the Caribbean. According to the CIA World Factbook, the Cayman Islands GDP per capita is the 14th highest in the world. [31] The islands print their own currency, the Cayman Islands Dollar (KYD), which is pegged to the U.S. dollar at a fixed rate of 1 KYD = 1.25 USD. [32]
The government's primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax. [13] An import duty of 5% to 22% (automobiles 29.5% to 100%) is levied against goods imported into the islands. Few goods are exempt; notable exemptions include books, cameras, and infant[citation needed”
but you couldn't really refute my statements huh?
What is in your character that makes you feel so inferior to Americans?
Everything we have is nicer, cleaner, safer and more beautiful than anything you have in your country. I am not saying Argentina isn't beautiful but you have to look past the filth, graffiti, garbage and dog poop to see it was once a very beautiful place before Peronism ruined it.
Even the beautiful mountains around Bariloche you have to look past the graffiti all over the rocks. It is very sad you don't respect your own country and that you can't be bothered to clean it. Something is really wrong there.
LOL, PH ALEX VARGAS thinks that Argentina can be like the Caymans!!
Does he not realise that it is a haven for hiding income and is populated with the very int'l bankers and capitalist industrialists, that he says he hates.
I suppose that thought of 'easy money' appeals to the Argies, PH, Think, TTT !!
None of the Cayman 'offshore investors' in their right minds, would relocate with their money, to Argentina.
PH ALEX VARGAS and TTT, what a pair of Economists!!!
LOL
You know very little about how modern ecomomy works on these days.
Export is not the same as production because you can buy the stuff abroad and resell it to other market without producing anything at all.
For Example Ukraine with the gas from Russia, Oil from middle east, electrical appliance from China exported by Britain, etc, etc.
For your knowledge, Argentina produce and export, machinery, cars, telecommunication devices, electrical appliance, boilers electrical and for gas, nuclear reactors, nuclear fuel, radioactive stuff for medicine, capsules for medicines, medicines, monomers, polymers, manufactured plastics, software, tubes for oil, machinery for oil and gas industry, toys, textile fabrics, shoes, manufactured food, commodities, raw materials, conventional fuel and bio-diesel, wine, comestible oil, wood, leather, furniture, porcelanato and ceramics for floors and tailing, iron, wires, Arms, stainless still manufactures, etc, etc.
Britain since 1970 had been destroying her industrial sector in favour of the speculative sector and banks.
What kind of Briton are you having no clue about that?
@yasu
Of course you have ever been in Argentina and you have no any idea of what you are talking about.
If you can find anything really produced in Britain just call me because the last time I was there and the economy was ok everything was coming from abroad.
Ok I know that you produce Kebabs locally in large amount to feed your population.
But that is not enough to be jumping around telling everybody that you have an industrial sector, sorry mate.
radioactive stuff for medicine
LOL,
another Economist and Academic lecturer.
:-D
LOL LOL !! Ja ja ja JA ja ja //////
www.youtube.com/watch?v=K5Ks2X5TphI
Ok I know that you produce Kebabs locally in large amount to feed your population.
But that is not enough to be jumping around telling everybody that you have an industrial sector, sorry mate.
Is that some kind of racist remark, Denny??
It's always the same with you, but we can forgive you as working as a La Campora mouthpiece is the only way you have to get any food. Do they still bring you food parcels around? Or does it now depend on the quantity of what you post on these forums?
Regarding the story though, I think this is another case of too little too late. Brazil has NI doubt told CFK in no uncertain terms to stop these illegal practices, especially when it could have a knock on effect with Mercosur's trading ambitions with the EU.
CFK realising that her only real friend is close to shuffling off this mortal coil, is looking to placate her more powerful and savvy neighbour.
Speaking of UK technology I was watching a very cool TV show about the manufacturing of the new Typhoon pilot's helmet. Wow they are cool! That is an amazing piece of technology and craftsmanship. I think they said they cost more than a Ferrari. I love watching shows about new military devices/equipment.
www.bbc.co.uk/news/technology-19372299
Dany, The biggest difference is UK invents and mfgs technology like in the link above but Argentina can't keep the lights on in it's biggest city when the temp goes over 90 or under 40.
....everything we sell we produce ourselves..all 3,500 products of it.
And we export a fair amount of it to Argentina (and Brazil, and Chile and Uruguay, but mostly Brazil tbh) . ;-)
(We, as in: My company).
so, you were saying what exactly...?
(and you wont guess what we produce in a million years!)
Here is a news show w/Rgs talking about the immanent economic collapse:
www.youtube.com/watch?feature=player_embedded&v=FvyaVp2P19I
You know very little about how modern economy works
[just because you don’t like the answer to your question]
We know nothing,
You asked what do we export,
We told you,
We feel it is you who do not understand economics,
The truth is simple,
If you don’t like the answer,
You have no interest,
The fact is,
Britain produces and exports 10 times the amount that argentina does,
Full stop.
.
....and the UK owes one trillon dollars! and the USA 16 trillons
uuuuuuujajaja! loosers!
Mean while in another part of the planet,
”With an average income of around KYD$47,000, Caymanians have the highest standard of living in the Caribbean. According to the CIA World Factbook, the Cayman Islands GDP per capita is the 14th highest in the world.[31] The islands print their own currency, the Cayman Islands Dollar (KYD), which is pegged to the U.S. dollar at a fixed rate of 1 KYD = 1.25 USD.[32]
The government's primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax.[13] An import duty of 5% to 22% (automobiles 29.5% to 100%) is levied against goods imported into the islands. Few goods are exempt; notable exemptions include books, cameras, and infant formula.[citation needed]”
”With an average income of around KYD$47,000, Caymanians have the highest standard of living in the Caribbean. According to the CIA World Factbook, the Cayman Islands GDP per capita is the 14th highest in the world.[31] The islands print their own currency, the Cayman Islands Dollar (KYD), which is pegged to the U.S. dollar at a fixed rate of 1 KYD = 1.25 USD.[32]
The government's primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax.[13] An import duty of 5% to 22% (automobiles 29.5% to 100%) is levied against goods imported into the islands. Few goods are exempt; notable exemptions include books, cameras, and infant formula.[citation needed]”
What is your point?
And,
why are you SPAMMING us about the Cayman's?
No 'outsider' cares about Argentina's 35% import tax.
Just ask a 'REAL' Argentinian, though!
You are NOT having to live with it. You are ALEX VARGAS hiding in Canada, never to return to Argentina.
“You asked what do we export”
Mate you are wrong, show me where I have asked that please?
I rhetorically said what Britain produces. I already know that is nothing you just have a good picture of this by going to your local Tesco all made abroad.
See my post #24 DanyBerger in reply to #19 Yasu
And then see how you self engaged in it with your post #37 saying....
“BTW what produce Britain on these days apart of debt
Im not an expert, but these are some things about British export.
Just some countries in pounds, [ave ]”
Briton post 37
Ok Briton I admit that UK produces more than Argentina specially debt, unemployment, kebabs pyjamas and curry.
Ah! I forgot a lot of idiots as well to be fair...
So what?
BTW if we put the “Idiot tax” for Mercopress poster I guess we can get rich faster.
Don’t you think so?
I am not a British, but Ihave to tell the truth: the UK is still one of the most developed countries which manufactures much better products than Argentinian, which is still an underdevelped country (though beef is good) can do. Just consider how many Argentinian got Nobel Prize in medicine or scient as against the UK which has many Nobel Prize winners. If my memory is correct, Argentina has one , which is better than Spain. Argentina does not have Newtons. This is a big issue and problem for CFK, who wants to substitute products made in Japan, the UK or the US. Argentina can not make any of a similar quality. So stop being a stupid arrogane Argentinian, which does not have anything.
Ha ha ha replace products made in Britain? Are you joking?
Britain manufacture sector is in decline since 30 years ago.
What products?
have you ever been in Britain to start with?
Everything says made in somewhere but UK.
Please don’t be foolish not even CaMoron will risk to say something like that in election campaign.
Where are you from dummyland?
UK population: 63 millions
UK total labour force: 32 millions
UK industrial sector: 11%
UK workers employed in the industrial sector: 2.5 millions
Argentina population: 42 millions
Argentina total labour force: 17 millions
Argentina industrial sector: 35%
Argentina workers employed in the industrial sector: 3,91 millions
www.guardian.co.uk/business/2011/nov/16/why-britain-doesnt-make-things-manufacturing
Any decent industrialised country employs around 20% of its work force in the industry sector Argentina employs 23% of its work force.
UK hardly can arrive to 8% because there is noting much to produce.
Can you see how bad UK is?
About what UK quality are you talking about?
Are you serious?
Any decent industrialised country employs around 20% of its work force in the industry sector Argentina employs 23% of its work force.
Is that your opinion, Dany?
Are you an Economist, now?
Argentina, 35% Industrial Sector?
35% of what? Population ?
Or GDP??
How much do your workers get paid?
How much do they produce?
Are they efficient??
Are your manufacturing sector workers fully employed on a regular basis??
Are the products competitive in price or quality?
Can your workforce afford what they produce?
Can they afford anything imported?
Would your industries be sustainable without Protectionism?
How much if your industry relies on foreign technology, foreign parts, foreign expertise, foreign $$$ investment??
How much have your exports declined in the past year alone??
How about all those unsold cars ASSEMBLED only, in Argentina??
Isn't that industry moving out of Argentina, to more stable states with a better workforce, better economy, and better market??!
Your statements mean nothing and your stats do not show the true story.
In short, you do not know what you are talking about and you are not convincing.
Brits buy products from the global market because they can afford that choice. Can you?
Ah, Sussie, the calm voice of Reason
so what,
it still wont get you the falklands, or make you any better of,
still,
as we know not, and argies know everything,
then your future is great is it not .lol.
Do not talk nonesense. Most of the highly developed countries, the population engaged os the decline. However, you have to include the productivity, and the quality of work, as well as their technology. Argentina nationalists or chauvinists like you always talk nonesence like CFK. Can Argentina make any advanced tools, TVs, fighter planes or civilian planes. Is there any Argentinian brand car. Is there any Toyota or GM? Stop talking stupid things. Just remember Argentinian industrial products can not be found anywhere in the world, stupido.
It is true that the UK, the US and the EU have huge debts owing to China and Japan. There are only few countries without any external debts: Russia with foreign currency reserves of 500 billion dollars, which want to reduce the euro in its potofolio, and Jpan has the world largest assets invested in foreign countries, much more than China. CFK is hulcinated without any knowledge about economy or industry, as she is just a lawyer. Lawyers are the ones without brain, they just talk like Obama.
Right-on, Yasu!!!
However, you do Obama a disservice. He is nothing like CFK!!!
CFK is excellent in jailing war criminals, ex military officers who killed many labor union members, students, and other who were against the dictatorship imposed on Argentinal, Chile, etc. by CIA. However, CFK is causing huge economic problems by her ignorance on economy and financial world. This is really bad, as this situation affects other South American countries adversely. Naturally the current world economic problems in the US< the UK and the EU adversely affect all the world but there are many countries which will be affected less, such as Russia, South American countries, even China and Japan.
Argentinian politicians including CFK should understand their responsibilities in leading its economy being less affected by the world economic problems so that South American countries to grow and to improve their technology, etc..
Ok, I take it back, you're a nut case too!
You are the asshole No. 10,000
You must be some kind of a Leftist wacko or outdated Communist.
I give you credit for not being La Campora, though, otherwise you would not be criticising CFK's disasterous economic policies and her destruction of the Argentine economy.
On the other hand, your CIA conspiracy theories and support of Dictators and Terrorists like QuaDaffy, and terrorist states in North Africa, not to mention your adulation of genocidal regimes, like the failed Soviet Union of Stalin, shows you are truly a deranged individual.
Ha ha you are really a funny.
The x% for Britain or Argentina or Germany or whatever country represents the share of the x sector in the composition of the GDP.
The x% or worker represents the work force employed in x sector.
1-As you can see in Argentina are more workers working in the industrial sector than in UK by percentage and quantity. Full stop nothing to argue about it.
2- Because you talk BS as always you should know that Argentina labour laws are not like in UK where exist the hire & fire. They are full employed with far, far, far, social advantage than in UK.
3- Salaries if you would read the articles published here in Mecopress instead of wasting you time basing everything that have the name of Argentina on it, you should know that salaries according with popes of the industy like paolo Rocca is U$S24 per hour.
“But Rocca’s point is an interesting one. He says wages in his sector, at $24 per hour, far exceed those in Mexico ($12) and Brazil ($9); “ mercopress and FT.com
4- Expertise? Are you joking? from whom UK? On what? Can you tell me please?
5- “Brits buy products from the global market because they can afford that choice. Can you?”
if you buy shit from china like everyone?
@Yasu
In Argentina there are factories of Honda, Toyota, GM, Volkswagen, Ford, Renault, Peugeot, Citroen, Mercedes-Benz, Chrysler, also produce jets, TVs sets, satellites, missiles, arms, computers, software, cell phones, etc, etc.
Please tell me who makes these jets and what type they are.
Missiles only count if they work, not those that are photographed on the website of the government.
You left out one genuine gem in Argentina and a world recognised one at that: EVAP. BUT, only the medical isotope sections, not the rest of the crap, like the ‘power reactors’ which are a joke.
Who makes $24 /hr in Argentina?
Do you mean AR$24 /hr??
You seem to think that's a lot.
AR$24 = US$5.33 official rate.
= US$3.20 black market
4.1. Minimum Wage
As from January 1, 2011 the minimum wage shall be of AR$ 1,840 for workers earning a monthly salary for a full time legal day's work and AR$ 9.20 pesos the hour for daily workers. The only exceptions to this rule are wages paid to apprentices and part time workers, who may be paid less than the minimum wage.
AR$9.20 = US$2.04/hr
And you just added a 35% surcharge to all Imports.
How productive is that workforce? How sustainable is that?
Didn't Vale mining halt $6b US of mining in Mendoza??
35% of workforce in industrial sector - is that 35% of GDP, too?
You can have lots of people employed, but what is the productivity?
Jealous envy idiots British talking from their @arse again.
And who do you think that designs and makes the parts for those vehicles idiots?
And who do you think that designs car, truck, box gears, etc. for custom models for the region?
Do you know that Argentina and Brazil exports local car designed to Europe?
And that box gears for VW made in Argentina?
That Mercedez-benz 1st plant abroad in the world was built in 1950 in Argentina and owned by Argentines until 10 years later when was bought by D-Benz?
www.mercedes-benz.com.ar/content/argentina/mpc/mpc_argentina_website/es/home_mpc/passengercars/home/Contactenos/mb_argentina/historia_MB_argentina.0003.html
www.mercedes-benz.com.ar/content/argentina/mpc/mpc_argentina_website/es/home_mpc/passengercars/home/world/mb_argentina/la_empresa.html
“Argentians can not say that they make TVs”
Are you stupid or what?
Who told you that?
Please inform your self before post crap.
Will you?
I will repeat what an American engineer told to an arrogant brit talking crap about how advanced uk was in IT.
“What UK only can provide on these days is web hosting and with servers hired in US”
@ Troy Tempest
The amount is in US dollars no pesos and Rocca is comparing what he pays in his subsidiaries in other countries.
The minimum wage in Argentina is $AR 2875 so none can ears less than this plus benefit.
But Trade unions negotiate with companies the floor of the salary for they sector that are much, much higher than the minimum wage. Like in any other labour advanced country in the world. Not UK of course.
You can have lots of people employed, but what is the productivity?
And do you think that US and EU private companies are so stupid to pay people to don' do anything?
Productivity seem is enough to produce cars, trucks and other stuff to be exported to Mexico, Brasil, Eu and US and have a huge profit.
Thing that you cannot do in declining lazy Britain.
You had better tell me how things work.
”The Committee for Minimum Wages, which is composed of government, employees and employee representatives, establishes minimum wages for the country. Since 1 September 2012, the general minimum wage is ARS2,267 and since 1 February 2013 the general minimum wage is ARS2,875, regardless of the worker's age and experience (as at 1 August 2012, US$1 was about ARS4.67).”
Jan 1 2011. AR$1,850
Feb 1 2013. AR$2,875
Min wage % increase in 2 years = 55%
Have all wages gone up that much?
Last year, INDEC released Inflation rate of 10%, so I guess that's good then?
Some say, based on price of goods, inflation was actually more than 25%.
Do you think that is true?
Higher prices + higher wages?
I guess everything is ok, then? :-)
What about raw materials or components purchased from abroad, for manufacturing? Is this all relative?
March 2011:
US$1 = AR$4.02
January 2013:
BA Airport Rate
DOLAR (*)
Comprador$ 4.95
Vendedor$ 4.98
Fecha de Cotización28/01/2013
Peso devalued 20% in less than 2 years.
Good, right??
Your exports are cheaper for those buying from you, right?
And your imports are restricted? Good?
Didn't Dilma Rousseff of Mercosur, and Angela Merkel of EU refer to those restrictions as protectionism?
Isn't the black market price for US$ around AR$7.50, with projections for further devaluation this year?
Where is this all going do you think??
Well you tell me mate sure you will have a good answer because to be honest to day I’m very lazy.
75 Dunny-Burger
Please tell me who makes these jets and what type they are.
Missiles only count if they work, not those that are photographed on the website of the government.
You left out one genuine gem in Argentina and a world recognised one at that: EVAP. BUT, only the medical isotope sections, not the rest of the crap, like the ‘power reactors’ which are a joke.
You are really funny indeed.
First you claim to be in Britain, right?
You say that you are not British, right?
Now you say that Argentinians are truchos, they like to make quick money, right?
Tell me from what country you are because you have no idea about English idiosyncrasy.
If there is a human being more willing to make faster “quick easy money” are English and Americas.
And they are really good on doing that.
An American sells mortgages to people that cannot pay.
Then he sells it to a little investment bank (securitisation) the other big bank put a good marketing an packs all that crap with a good name on it like SPM and sells it to an English Banker.
The English Banker turns into another good name like SIVs and sells it to Japanese or eastern investors.
And if that ends up into a complete mess then a good manipulation of the Libor works as good as a fresh cake.
Flipping 3 months in Argentina and you are an expert on Argentinean matters, wow!
Tell me how long have you spent in Britain?
It has to learn technology from much more advanced countries such as the US and Japan
Japan have learn everything from US and Europe, and US have learned all from Europe and Europe have leaned from Asia.
Ask Marco Polo if can find him in town.
Stupido, what are fool you are, you must be one those Argentinian truchoes.
I have been coming to AR from 1984, just after the military government crushed. I travel all over the world excepting deep Africa.
My English is perfect, I can write and speak both American English, even the ones spoken by thos Hiibilly in the south, as well as British English, though not Irish English.
In any event, Argentinia will crush soon if CFK does not change or is not ousted. She is totall foolish as to economic policty. One of the Argentinians in Buenos Aires is that they look for France, whose economy has already been crushed with 1 million homeless. The EU has 3 million homeless, for your information, as I know that you do not have all these information.
1-“Stupido, what are fool you are, you must be one those Argentinian truchoes”
The only stupid, fool and “trucho” and not “truchoes” here is you, mate.
2-“I have been coming to AR from 1984, just after the military government crushed. I travel all over the world excepting deep Africa.”
Good for you, but we are not in a travel competition or a miles exchange program.
Are we, Sir?
3-“My English is perfect, I can write and speak both American English, even the ones spoken by thos Hiibilly in the south, as well as British English, though not Irish English.”
Well, my dear Sir, I’m sorry but I have to tell you that unfortunately your English sucks.
I have seen a lot of grammar and spelling mistakes in your posts.
Even me can tell you that.
But we are not in an English contest. Are we?
4- I would like to figure out WTF you have wrote in the last paragraph mate.
Is Spanglish? Or what sir?
5-You didn’t tell me where are you from sir, have you noted that?
Or you are embarrassed to tell the name of the nation where you were born?
Again, where are you from, sir?
The day that many of you leave your tipical hipocresy behind, and have unless one line of intellectual honesty, which is necesary to discuss about something so complicated like politic decisions are, that day, we will be able to have a mature and honest debate about them.
You don't need to be so hipocrite, and criticise so hardly the protectionist measures that our govt. took, because we all know that actualy all the countries are protectionist, including your developed nations.
On the other hand, you all know perfectly also that if c. f. k.'s govt. didn't take any protectionist measure, and if she signed some of those so called free trade agreements, we wouden't have recovered any of the industrial sectors that we could recover since 2003, in fact, that year we had 80 industrial parks, now we have 300, beside, in 2011 we sold 20000 millions dollars of agrarian manufactures, and 29000 millions dollars of industrial manufactures.
However, there is still a lot of work to do, in order to develop a powerfull argentine industry.
Beside, if some of you are so critic of the protectionism of our govt., then explain me why can't arg. export it's lemonds and mets to u. s. a.?, but please don't argue the tipical hipocrite argument, about sanitary reasons, because we export mets and lemonds to others countries, and there is not any denounce fo a sopsed lack of sanitary conditions of our products.
Understand once and for all that we don't need the products that you can't buy because of your economic crisis, we still have planty of problems, in fact the 34% of our workers are not registered, and we won't improve their situation signing any of the free trade agreements that you want arg. to sign.
I think it was you that claimed to be Japanese-born and living part time in Japan, Argentina, and Europe, with residences in each, because you are a wealthy businessman, right?
You certainly sound more educated than Dany, but for some reason, you claim to admire the Russian, Soviet Union, model of Communism, even though it was responsible for the Ukrainian genocide and deaths of 60m + of CCCP's own citizens!
You both seem to exist in some alternate universe.
So I take it that you are NOT answering my question for the obvious reason that you are lying over AR producing jets and by implication their engines.
And as for missiles: ha, ha, ha, to the power googol if you know what that means.
Keep bullshitting it amuses me.
As to agricultural prodects, many countries have conditions specific to a country: for example, Japan has only small farmers, which the government has to protcct in order to maintain some self sufficiency of domestic food supply, though now Japan imports about 60% of food needed from other countries, especially from the US. Argentinian can not export its soya and corn to Japan and also to the EU, Russia, etc because sota and corn are genetically modified (more than 90% of soya and around 75% of corn are GM in Argentina thanks to the corrupt government under Menen. The US has some non GM soy beans, which Japan import but mostly not for tofu, natto but for animal feeds, and for some processing. Japanese consumers never buy any tofu or natto made of imported soy beans. As to Argentinian protectionism, it should protect domestic industry without violating WTO rules and in such a manner that it will really good for AR industries. But CFK is so foolish and arrogant to protect AR industries which can not produce any equvalently good quality products, thereby stopping Ford or Toyota from making cars due to lack of parts imported> CFK is forcing them to raise US$ by each company to buy parts. This policy is against the growth of AR economy and industry.
BTW wtf is “prodects”?
Anyway are you really a jap?
Confirmation please? before le pegue un sake al japu boludo este...
Yasu says a lot about protectionism and WTO, that makes sense. A well written response.
However, all that you can say is a feeble BTW wtf is “prodects”?
and, Anyway are you really a jap?
That's Japanese, to you.
You kinda make yourself look bad, in comparison.
Good night.
If Argentina wants to developed world rate industry, it should learn foreign technology by getting licenses, etc., and train good engineers.
Japan was an invention of the Yanks, thanks to them and trade preferences given to you after WWII (like with China later) you could handle to become someone in this world.
Japan was a pretty backward agricultural country. Japs Big brands that are today like Honda were making cheap bicycle in the 50.
Japs where famous in the western world for they look like tourists taking pics of everything in the western world to make then later Japs cheap copy past versions.
The first electronics good from Japan where absolutely crap, cheap and nasty compared with western standards. Also they were famous for their dumping. While a tv set in Japan cost 1500 USD they sale the same crap to 500 USD to the Americans.
Have you ever paid royalties and licenses for that crap?
Also Japan was and is one of the most projectionist countris in the world, you protect from rice to lettuce and whatever that can be a challenge to your industries.
There is a popular say among American politicians that says “when japs don’t want Lettuce from abroad, they simply don’t inspect the containers and allow the Lettuce to become rotten”
Clean your own mess, nepotism and your corrupt way of doping business in Japan first and then come back. Will you?
More than 20 years of stagnation due to protect banks and industries losses making and friend of the politician mafia.
Now you have to compete in the world and that is pretty hard isn’t it? Especially when others do the same like what you have done before.
Protectionism and subsidies is a ladder that when someone had used it to get to the top he as soon as possible tries to do everything to avoid that some else use it to archive the same goal.
Sorry mate ladders are very cheap on these days and especially those “made in China”.
Ah this is really good have you ever heard about Taiwan?
If you are so smart can you tell me who was the stupid one that put nuclear reactors in the cost that could be crashed by a tsunami.
nigori who?
Your English is so bad and your knowledge is so bad, so it is difficult to answer questions or comments.
In any event, in terms of the quality, Japanese products now are No. one, even freedom fighters or terrorists admit that. Your friend Bin Laden was interviewed by famed British reporter Robert Fisk in the cave os Afganistan, your friend Bin Laden commented that we can not fight here without Toyota trucks, which are very functional and strong, needing much less repair or services. And if you watch TVs now, all of your friends use Toyota or other Japanese trucks to fight French colonialists in Africa. The quality of Japanese TV broadcasting is No. 1, which system is now introduced into most of Laten American countries with one or few exceptions, one being Urguay.
Japan will broadcast 4K TV brograms next year.
But we are talking about Argentina, so we should talk that. If Argentina wants to become one of the most advanced countries such as the US< Japan and Russia. Follow what Japanese has done. Without going throught that process, Argentina will remain one of the most underdeveloped countries in the world, excluding Africans.
Japanese are #1 ?????
In fat one of the most advanced and expensive cars in the world is not made by japanese is made by and Argentinean called Horacio Pagani “Pagani Huayra” have you ever heard about it? And Zonda? And Lamborghini? All Pagani made
1millon Euros of pure sporting car.
www.youtube.com/watch?v=kXeJAlpbP7U
Now you were talking about what? Toyota truck? Quality products?
Ha ha
Paganini
Who makes the engine: MB AMG (albeit for the Paganini).
Who makes the gearbox; Xtrac
Just where is your brag about argies designing hi-end engines and gearboxes AND please provide a link to back-up your claim that this ITALIAN car and the other are made in AR.
BTW the fishtailing comes about because it is ony 2WD and 730BHP and even traction control can only shut down the excess, not move it to the front as it can in FWD.
Another BTW: none of the models can be used on the roads in the UK because they cannot get type approval.
I think the tester summed it up when he said it ‘was like a go-kart’
Personally I think the inside looks like an old yank car from the 50s with all that polished metal, bit of a poseurs car.
The Zonda Roadster F Clubsport was tested by Top Gear's The Stig and James May and achieved a lap time around their test track of 1:17.8, beating the Bugatti Veyron 16.4 tested during the same episode, but lost in a quarter mile drag race against the Veyron by nearly 2.5 seconds, FWD to the fore, you see.
This poor fascist Argie does not know anything. Actually Argentina was and still is fully of war criminals from Nazi and Facist Italy. It is entirely different to design a body of a car for expensive cars which are produced only few from manufacturign millions of cars which work very well and stronge and reliable.
Jump into the Laplata and also jump into the dirty water of La Boca. You will be a very strong crook.
You really have no idea of history - your own propagandised version, or thst of other countries.
In the 1800's, Japan was really the first Asian country to realise that it had to re-invent its society and economic structure to compete in the modern world.
They threw over their feudal society and started to become Westernised.
By the beginning of the 1900's they were quite modernised, with their own manufacting. They even had a modern Navy capable of taking on the Russians.
Certainly long before WWII, they had their own advanced aircraft industry and also designed and produced cars. Their navy was very formidable.
After the war, the US helped them rebuild their society and their industry. I remember people dismissing Japanese goods as inferior copies of Western technology, but by the 60's there was real innovation and undeniably superior goods were being produced that led to them dominating many markets. The Japanese became a manufacturing giant, not as an invention of the US, but through their own innovation, hardworking, and initiative. Compare that to other Asian nations that still primarily produced cheap goods.
What can you do that isn't done better elsewhere??
Dunny-Burger will never admit that AR is anything but perfect: leaders in ‘blob technology’ – NOT; design and manufacture fabulous products: I certainly have not seen any in Uruguay. Everything with made in Argentina that I have bought has been a disappointment except for ‘W80’ their crib on WD40 which is quite good, if expensive.
But why are we not surprised? All of the Malvinistas are nothing other than indoctrinated semi-literate non-achievers, just like their country under TMBOA.
I'm enjoying seeing Dany Dung Heap tangling with Yasu.
Yasu is quite correct in much of what he says, and clearly outclasses an ignoramus like Dany.
I didn't want Dany to get away with dismissing Yasu.
While I don't agree with everything Yasu says, especially his adoration for Russian Communism and its oppressive totalitarian society, it is good to hear his condemnation of CFK.
It's harder for Dany to argue against Yasu, who I have come to believe might really be Japanese, as he cannot lump him in with you pirate Brits and US bankers wanting to keep Argentina down or similar rants.
Not only does Yasu show that other groups share our perspective of CFK, but they do NOT have to be aligned with us to be anti-CFK.
Yasu has very strong feelings opposing the USA - he feels Obama is more evil than Cristina. He is definitely not one of 'us'.
Yasu seems to be a paradox - if what he says about himself is true, he's wealthy, and yet, an anti-US Communist. He hates China also, arguably a purer form of Communism, so that makes it seem more likely he is really Japanese.
Anyway, Dany will find it hard to defend CFK and his blind nationalistic statements.
”. We need many countries more developed to counter the US imperialism. We need multi-polar world. For this Russia under Putin has made this world multi-polar. Most people do not know who Putin is. He is a patriot but not nationalist (Putin said nationalism is harmful). He is extremely knowlegeable and honest. Recently he had a press conference with 1200 reporters from all over the countries, asking various questions over 4.5 hrs., and Putin answered all the questions without seeing nay paper.
Putin is certainly more knowledgeable than CFK, but 'honest'??
His 2012 election is widely viewed as fraudulent:
www.cbc.ca/passionateeye/episode/putin-russia-and-the-west.html
A lot of people know who Putin is, he is smart, ex-KGB, and therefore dangerous.
Is he popular? His election results are questioned, opposition voices suppressed, it is said that he is an intimidating strongman.
Yasu, you seem to support Russia, no matter what the regime - certainly you have no regard for Democracy. You support anti-US imperialism” and it seems, anyone opposed to the US.
Out of interest, should Argentina (CFK or not) try to work within the IMF ? Should they trade with the US, according to WTO rules??
Idiot, and who made the engines for MC Laren that you claim to be British Car? VW/Porsche Germans
And Brawn GP? Mercedes Benz Germans
And Lotus? Ford American
And Williams? Renault French
Horacio Pagani is Argentinean born in Santa Fe and is not Italian he went to Europe hired by Lamborghini.
Most Lamborghinis where designed for him.
Sounds pretty Argentinean for me? What do you think?
www.youtube.com/watch?v=YMkv96P43w0
@yasu
1-You said that Argentina is a backward country and that Argentineans are not good to make good quality products.
Well seems you are wrong.
2-So what are you saying is that cars like Ferrari, Lamborghini, Pagani, etc. are not state of art engineering because they are not made in mass production?
For your knowledge there are Argentinean working in Toyota plants in Japan.
@ Troy Tempest
Stop talking BS you have never tested Japs electronics I did.
Japs electronics in the past were pure crap but their were cheap like Chinese products are today.
“What can you do that isn't done better elsewhere??”
What about medicines like benznidazol the only Argentina unique provider in the world.
What about the pop-corn you eat? All comes from Argies corn hybrid seeds
What about Tyres like from FATE SA especially designed for concept cars and European manufactures.
You use them in UK have you ever heard about FATE tyres?
“The attention paid to detail is evident from the work carried out on the tyres. For the Cambiano Pininfarina specifically developed with Fate, Argentina's largest tyre production and exporting company...
Fate's experts engineers contributed with precise studies and creative capability, making possible a further step in design, technology and security. Concept Tyre, from Eximia by Pininfarina, synthesizes the last progresses in the search of perfection: environmental care, superior constructive quality, and an advanced aesthetic model.”
www.ultimatecarpage.com/car/5066/Pininfarina-Cambiano.html
Britain’s long industrial decline
Enjoy it...
Pretty scary ins't it?
In the early 1950s, Britain was an industrial giant. Today, it is an industrial pygmy. Manufacturing was industry’s bedrock. In 1952, it produced a third of the national output, employed 40 per cent of the workforce and made up a quarter of world manufacturing exports. Today, manufacturing in this country accounts for just 11 per cent of GDP, employs only 8 per cent of the workforce and sells 2 per cent of the world’s manufacturing exports. The iconic names of industrial Britain are history; in their place are the service economy and supermarkets selling mainly imported goods. What happened? Was it inevitable? Does it matter?
Nicholas Comfort’s book is exactly what its title promises: a roll-call of the dead and the dying. The broad outline of the story is well known. Britain emerged from the Second World War with a technological edge in aircraft, aerospace, computers and electronics that it failed to exploit. In the 1950s and early 1960s, British manufacturers dominated the home market and had about 20 per cent of world exports, with some world-beaters such as the Comet airliner, the Mini and Triumph motorbikes. Then, a decline set in with increasing import penetration and declining export sales, until the trade surplus in manufactured goods finally disappeared in 1983.
In the 1970s, many firms with household names went under. Governments, starting with Edward Heath’s, desperately tried to keep“lame ducks” such as Rolls-Royce afloat by nationalising them. Margaret Thatcher returned the lame ducks to “the chill forces of the market”, many of them drowning. Manufacturing went on shrinking under New Labour; the sector’s workforce halved from 4.5 million to 2.5 million between 1997 and 2010...
www.newstatesman.com/culture/books/2013/01/meeting-our-makers
Russia also saved this world 2 times or 3 times: Napoleon was defeated by Russians, saving the European countries from the brutal French occupation, then the USSR saved the world by defeating German Nazis, saving the misery of concentration camps, even including its alies such Italy (remember what Nazis did to Italians after defeating Musollini) and Japan. Now Putin has saved from the US imperialism by recovering from the disasters after the collapse of the USSR, and making Russia second strongest country. The reason why the West hates him is that the West failed to steal all the wealths of Russia. Putin is extremely popular among Russians, Ukranians, even among Syrians and Iranians.
As to China, it is important as a power against the US and the EU and also to some extent Japan, though it is a very corrupt countries, stealing technologies from Japan, Germany and the US. Even Russians refused to sell Su 37, as China tried to steal Russian technology. Even French refused to sll its high speed train though France is a pigmy in technology. However China has some flavours of socialism, but not as much as Russia, which is still semi-socialist.
By the way Russia cooperating with India for its development of SU50, fifth generation fighter plane in terms of software and avionics. The US has developed some stealth planes, F35 and F22, but F35 can not fly near thunderstorm, and F22 killed many pilots. They are very imperfect fighter planes.
Now Argentina, having FATA tyres and few other products does not mean it is a technologically advanced.
Still cannot answer the question can you?
You CLAIMED that the Paganini and almost every other suprcar was MADE in AR. Another lie.
McLaren, like ALL car manufacturers source their components world-wide: it's called risk sharing. Joint ventures abound between all the major car manufacureres and in Europe most diesel engines are made by Peugeot-Citroen or Fiat. VW make their own.
You really do need to start telling the truth for once if only for YOUR OWN SELF-RESPECT.
But I suspect, that like most Malvanistas you do not know the meaning of respect.
Well Yasu I’m not going to list all things Argentina does because the list will be so long.
But I guess you have no idea of the Arg industrial sector.
1- Argentina designs and produce oil pumps, oil coolers and carburetors for local brands and that also are exported to US, rest of America, Europe and ASIA.
Brands: Ford, Mercedez Benz, Ferrari, GM, Chrysler, FIAT, Nissan, Isuzo, Land Robert, John Deere, Citroen, VW, Peugeot, Renault, etc, etc.
Also designs and produce headlights and plastic parts for carmakers all brands European, Americans, Asian, etc.
Argentina is full of auto- parts industries called Pymes (Little medium size companies).
2-Pipes, do you know who has virtually the monopoly of the tube for oil in the world?
Techint an Argentine company with companies in Europe, Asia, US, Mexico, Brazil, etc, etc.
3-Petrochemical products, Argentina has more than 55 companies that produce and exports petrochemical products with a total production of 7 mta and exports 2m tons. The giant in the world is Iran with 17mta.
4-Medicines, Argentina has more than 350 labs that produce and exports medicines.
5-Food, Argentina’s industrial and farming sector makes her the 5th giant food producer in the world.
6- Cars, Argentina produces all major worldwide brands of cars and exclusive models only made in Argentina like Amarok the 4x4 off road first ever made by VW to compete with Toyota, Nissan, Mitsubishi, etc. And is exported to Europe, US, ASIA (Including Australia).
www.youtube.com/watch?v=l7e_SfYsteE
7-Bio diesel, Argentina is bigger exporter in the world and also major producer with more than 3,2 millions tons more than 2m exported.
8- Argentina produces Nuclear reactors, satellites, radars, communication devices, software, rockets, missiles, armament, etc, etc.
@Christiano ronalbo
I cannot answer you you first because you are and idiot and second I ran out of space. Next?
Nothing changes in AR does it?
No matter that Ternium (a major part of Techint) is VITAL to AR, just read the piece below (albeit Wikipedia but I am not paid to troll all day).
“The decision of Venezuelan President Hugo Chávez to nationalize Sidor came on the heels of a series of industrial disputes over the previous year. Compensation of around US$1.97 billion was agreed for the nationalisation of Ternium's 60% stake in Sidor, with the former keeping a 10% stake in the company, but frictions emerged with the Kirchner administration in Argentina over their reported refusal to raise objections to the nationalization with President Chávez.
Oh, oh! As Techint have dual HQ I would not be surprised if they consolidated everything in Milan and closed the BsAs office to save them the grief.
Argentinians have to admit that they are not ranked to be a developed country. It is better than most African countries but can not compete with the US, Russia, Japan. Even some of its subway (metro) trains were donated by Japan, which were running in Japan 1980s. AR has any high speed trains Japan has: Japanese super high speed trains run every 2 to 4 minutes at a speed of 250 to 300 km per hr, being computer controlled, and when there is an earthquake, it can be stopped by detecting earthquake (the wave coming prior to the main quake waves). No train was derailed in the recent big big earthquake. In about 10 years Japan has the first maglev trains using the true superconductivity at the speed of 580 kms per hour, while German use paramagnetism for its maglev, which is not really running. Only some trains were exported to China for use between Shanghai air port and downtown, but it often encounters delay, etc., and ride is not comfortable.
If AR wants to compete with really developed countries, it must have these new products, that is, the world first. AR is underdeveloped
LOL, Dany, looks like even Russian Totalitarian Yasu has kicked the shit out of your Kirchnerist ass!!
Ignorante, zoquete sin cerebro!!
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!