From now on, the SIRA’s import criterion will be held by the Secretary of Commerce, headed by Matías Tombolini, and reporting to the Minister of Economy, Sergio Massa. The companies were very critical of the “quotas”: in addition to saying that there were companies that could not access despite having a quota, and others that could despite not having it, the underlying issue is that the industrial production policy ended up defining it the Central Bank. other companies They criticized having run out of quotas due to rising international prices and not because they were overstocked, a practice that the Government assures has occurred.
End of quotas?
In any case, the SIMI that had already been granted, that had the status of “exit”, in those cases the quotas will continue to be valid and will go through the already existing channels, which are A and B. SIMI B are those that correspond to non-automatic licenses, today almost half of the imports due to the latest changes. In these cases, companies can access the market 180 days after dispatch to the market. The SIMIs that had the status of “observed” will be dropped, and will have to register again with the SIRA system.
Despite the fact that the resolution that establishes the new SIRA system was already published this Wednesday in the Official Gazette, many doubts persist in companies. That’s why, As of this Friday, the meetings with the Government will begin. It will be first the turn of the Industrial Union (UIA) with the Secretary of Commerce. Next week it will be the turn of the Confederation of Medium-Sized Enterprises (CAME) and the Association of Metallurgical Industrialists (Adimra). The week of the end of October will be the turn of the Chamber of Commerce (CAC), which even hopes that Massa will be present.
The obvious doubts go through the form of use, given that the SIRA manual is not yet on the AFIP microsite, a source from the private sector told. But deep down, they consider that there is no import system that can solve the structural problem of the lack of dollars. And in that context the question is whether it will give greater certainty: Economy promises them that they will be able to have predictability of the payment date and know in which of the four organizations they are stuck (AFIP, Customs, Central Bank or Commerce), but the query is what are the objective criteria that will assign that date.
“Own Holding”
For this reason, more and more companies are analyzing using “own dollars” to import, as Ámbito was able to verify in consultation with three business chambers. The SIRA resolution ensures: “In the case of imports that do not require access to the Free Exchange Market or that intend to be paid with their own foreign currency, importers must report said situation.”
In all cases, they assured that the priority is always to go for the “official dollar”, today at $151, given that the CCL that a company could access is $314. Nevertheless, it is analyzed for “emergency” cases, in cases where some input, spare part or intermediate good whose lack could cause a plant shutdown or a lawsuit by the supplier. The problem, they warn, is the impact on prices: to set costs, they would no longer use the official exchange rate. That “replacement” dollar varies in each company, and can range from parallel to Rofex. “It would generate a giant hidden devaluation”, a source said.
In a dialogue with Ámbito, Marcelo Fernández, president of Cgera, assured: “Given the delay that may exist in foreign exchange, if the businessman judges that his importation hinders his production, we are convinced that they will use their own dollars, regardless of the type of change”. From another business union, a source that preferred to remain confidential, He assured that many of those dollars are in the informal sector, and that is why they expect the “SME money laundering” to come out to importwhich is in the budget bill.
“Many SMEs convert their profitability to the blue dollar, so to use those dollars they first have to launder them,” said an SME entrepreneur. In fact, the financial caves are already being used even for the payment of suppliers, for what used to be payments in “cash”: these cash operations have become very “expensive” due to the fact that there is more and more inflation and the bill of largest denomination is $3 dollars.
Source: Ambito
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