In this way, de Mendiguren pointed out that the restrictions on imports “They are being done in a very specific way and sector by sector”so “the situation is loosening little by little,” he said, in dialogue with FM Urbana Play.
The statements of the official in charge of the Industry and Productive Development letter are given within the framework of import controls. On September 30, Communication A 7532 of the Central Bank (BCRA) will expire, which extended the financing system for said operations carried out under a Non-Automatic License (LNA).
The measure, which exempts small and medium-sized companies and was implemented at the end of June, was to allow time for the normalization of foreign trade, as the monetary entity had specified in a statement at the time.
Soybean dollar: what are the prospects
On the other hand, José Ignacio de Mendiguren analyzed the measures announced by Serge Massa last Sunday, application of the soybean dollar, with an exchange rate of $200 for the foreign currency, for agro-exporters.
In that sense, by Mendiguren ratified that the settlement of foreign exchange agro It will be around 5,000 million dollars, as expected, according to estimates by the Ministry of Economy. “Before Sergio Massa’s press conference was held, we had a meeting with companies, entities and grain exchanges, where they stated that they expected that and one even said that those US$5 billion were going to be the floor and that he was going to there will be an “avalanche of liquidations”, he assured this morning.
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He analyzed the situation with the new agricultural liquidation scheme and compared it with the previous scheme. “It is very simple for the small producer who has not sold yet and has to sell”he highlighted.
He also responded to questions from the Link Table, which had marked that the conditions for those who liquidated dollars before its implementation would not be the same. “Those who sold more than 85% of their harvest are considered and will participate in the new benefits that will be implemented for the sector in the future,” he assured Mendiguren today.
Source: Ambito
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