INSUBCONTINENT EXCLUSIVE:
The Argentine government plans to announce new measures to simplify customs procedures and reduce import costs.These changes will accompany
the recently formalized reduction of import tariffs on 89 products, including finished goods, inputs, and machinery.Federico Sturzenegger,
Minister of Deregulation and State Transformation, shared insights about the upcoming reforms.He aims to remove layers of procedures added
expenses for importers and improve prices for exporters
(Photo Internet reproduction)These include Economy Minister Luis Caputo, AFIP head Florencia Misrahi, and Customs Director Eduardo
Mallea.The minister criticized current customs regulations that require a domestic industry representative to be present during import
believe the reforms will reduce the influence of national industry associations in the import process
Currently, these groups play a significant role in determining additional taxes on imported goods.One example of this influence is the
handling of dumping complaints
towards deregulation aims to create a more open and competitive market
broader agenda of economic liberalization
The government hopes these changes will boost trade, reduce costs for businesses, and ultimately benefit consumers.As Argentina grapples
with economic challenges, these measures represent a shift towards a more market-oriented approach.In short, the coming days will reveal the
