The Libertarian Government of President Javier Milei Friday announced that Argentines wishing to import items for personal consumption will have a higher tariff-free cap of up to US$ 400, with only the value-added tax remaining applicable. In addition, purchases abroad for subsequent occasional exports will be spared any customs fee when up to US$ 3,000, from the current US$ 1,000. The initiative becomes effective next month, it was explained in Buenos Aires.
Industry, Energy and Mining Minister, Roberto Kreimerman, said Uruguay would try to settle disputes with Argentina in order to reestablish trade relations, but he also recognized Uruguay’s relationship with Argentina 'will never be the same'. The minister revealed that 32 million dollars of Uruguayan exports are blocked at Argentine Customs.