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Argentina Requires Garment Importers To Export Equivalent Products.

2011/7/29 16:45:00 44

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Dvora, Minister of industry of Argentina, recently requested that the import and export consumer goods manufacturers of the country must expand their exports.

Exit

The forehead must be equivalent to the amount of imports to balance Argentina's domestic trade balance.

The government of Argentina has begun to require importers of high priced automobiles, agricultural machinery, motorcycles, footwear, toys and other related importers to meet the requirements of equivalents. The range of products has now been expanded to include products such as ready-made clothes, furniture, tableware and electronic products.

According to the government's request, Argentina

Importer

It is necessary to provide the government with an import and export plan and explain the corresponding measures to reduce the balance of trade imports and exports.

If there is a company that only imports and has no export performance, the Ministry of industry of Argentina will facilitate the signing of the export agreement with the importers of other countries.

The government of Argentina once again emphasizes that this provision will not affect the supply of products in the domestic market. Raw materials and other products that are only enough for domestic consumption in Argentina will not be included.

In the past two months, the government of Argentina has begun to request that 30% of the production moulds used by the auto producers should be made in China. At present, only one car factory has accepted the request from the government, but the cost of using domestic molds has generally increased by 30%.

The auto industry says that this is mainly due to the high price and long production time in Argentina.

The president of the Argentina Importers Association (CIRA), dissatisfied with the government's decision, thinks it will be right.

Import enterprise

Many problems have been caused. Many orders and pactions in negotiation process will not be able to achieve the equivalent value of import and export volume.