Political Risk Latin America Blog @PolRiskLatam

Argentine exports: more of the same?

Posted in News and Articles, Political Risk by politicalrisklatam on February 25, 2011

by Jude Webber for Financial Times – Beyond Brics, February 25th, 2011.

Argentina has scrapped the government agency responsible for granting export permits to farmers.

Cause for rejoicing among farmers who have long been demanding just that? No. Farmers say the move to replace the ONCAA agency with the snappily titled “Internal Consumer Subsidies Coordination and Evaluation Unit”, under the auspices of the economy ministry, will change nothing.

“I don’t see any change in our favour. I see this as reaffirmation that the current policies will remain in place,” says Sean Cameron, vice president of the Aaprotrigo wheat producers’ group.

Amado Boudou, the economy minister, said the changes will “guarantee domestic supplies” and promised an interdisciplinary vision from now on within the economy, industry and agriculture portfolios. The new unit is also intended to boost supply “since the conditions are there for Argentina to continue being a big player on world markets”, and to foster growth for small and large producers alike. (continue reading… )



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