Argentina on track to end import restrictions by end of the year

Wednesday, December 16th 2015 - 08:10 UTC

Full article 3 comments

President Mauricio Macri's administration announced the end of restrictions on imports into Argentina, with the current controls of 'sworn statements' or DJAI, replaced by a system of automatic and semi-automatic licences. Read full article

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chronic
Bueno suerte herding the kittens.
Dec 16th, 2015 - 02:39 pm - Link - Report abuse 0
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Enrique Massot
“...preserving and creating jobs would be the number one priority of the new regulations.”
And Cabrera said it without smiling!
To remain competitive, Argentina would have to lower wages to the level of the poorer countries from where shoes, toys and plastic Christmas trees are now going to come and inundate the Argentine market. Oh the joy!
Until, of course, small and medium-size companies begin laying off workers and close down, replaced by import offices as it happened in the 1970s and 1990s.
Paraphrasing an infamous free-marketeer premier in Alberta: Welcome to Mauricio's world!
Dec 18th, 2015 - 04:09 am - Link - Report abuse 0
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Troy Tempest
Enrique,

Sheltering Arg. industries from market forces and competition, has left your industries far behind in innovation, investment in new processes and equipment, quality, productivity, product development, and competitive exports, and falling Export Revenues.

And yet, Arg. workers still faced 25% inflation, growing unemployment, and steadily decreasing purchasing power. Oh, Joy!

Welcome to Cristina's Peronist legacy.
Dec 18th, 2015 - 09:17 am - Link - Report abuse 0
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