Argentina's Ambassador to Brazil Daniel Scioli has embarked on a trade mission seeking to expand the number of products to be exported to that country. For that purpose, over 600 business meetings are to take place, according to Buenos Aires' daily Ámbito.
According to the Buenos Aires daily El Cronista, Argentina has largely benefitted from the United Kingdom's departure from the European Union, as more products from the South American country were in demand.
The Argentine Government's policies restricting meat exports have taken their toll on livestock production and slaughter, bringing down domestic consumption as prices went up, just what the measures were supposed to avert, according to a Rosario Stock Exchange (BCR) report released Friday.
With most Argentine ports along the Paraná river unoperational due to the historic downspout, Quequén, Necochea, and Bahía Blanca on the Atlantic coast would have become an alternative way out for agri-food exports had it not been for union strikes.
Argentina's economic activity expanded in December as retail sales and manufacturing advanced, while the country posted a trade surplus in January that almost tripled the surplus the same month a year earlier.
Argentina's biggest natural gas transporter, Transportadora de Gas del Sur, and Texas-based Excelerate Energy, signed on Monday a memorandum of understanding to evaluate building the country's first liquefaction plant, as rising natural gas production fuels export prospects.
Argentina has set a maximum rate paid for port docking and undocking services, the government said in its official gazette, a change the Transportation Ministry said would slash docking costs by up to 40%. The move comes as President Mauricio Macri seeks to lower the cost of exporting food from the world’s No. 3 soy and corn exporter and the leading shipper of soybean livestock feed.