Argentina’s new government offers reassurance to “sensitive” domestic manufacturers
14/01/2016
President Mauricio Macri, who was elected at the end of November, said during the campaign that he would “liberalise” Argentina’s economy, provoking fear among tanners and finished leather products manufacturers of an influx of low-cost imports.
At the start of January, Mr Macri’s ministers and officials set up a series of meetings with representatives of a number of industries, including leather and shoes, to reassure them. In the first of these meetings, the government spoke of “technical measures” it believes it can put in place to help local manufacturers without contravening any World Trade Organisation rules. Suggestions include making sure importers have to apply for a licence each time they want to bring “sensitive” products into the country, and putting a time-lag of 60 days on the entry of imports.
Image (courtesy of the Argentinean government) shows Argentina’s new president, Mauricio Macri.
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