Argentina Requires Garment Importers To Export Equivalent Products.
The Ministry of industry of Argentina recently requested that manufacturers of imported consumer goods must expand their exports.
Imported
To balance Argentina's domestic trade balance.
Dvora, Minister of industry of Argentina, recently asked that the import and export consumer goods manufacturers of the country must expand their exports. The export volume of each enterprise should be equal to the amount of imports so as to balance Argentina's domestic trade balance.
The government of Argentina has
start
For importers of high priced automobiles, agricultural machinery, motorcycles, footwear, toys and other related importers, the requirements for equivalence of import and export amount have been raised, and the product range has been expanded to include products such as ready-made clothes, furniture, tableware and electronic products which are required to apply for non automatic import licences.
According to the government's request, the importer of Argentina must submit the import and export plan to the government and explain the corresponding measures to reduce the balance of trade import and export.
If there is a company that imports only without export performance, Argentina
Industry
The Ministry will assist the company in signing an export agreement with importers from 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 decision of the government of the Argentina Importers Association (CIRA), St.
Express
Dissatisfied, he believes that this will cause a lot of trouble to import enterprises. Many orders and pactions in the negotiation process will not be able to achieve the equivalent value of import and export volume.
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