The measure is retroactive to September 1, it was anticipated by the Economy MinisterSergio Massa, and was formalized this Thursday through Decree 462/2023, published in the Official Gazette.
“In order to promote the development and incentive of production and the addition of national value and exports of productive chains with greater territorial presence and potential for job creation, it is necessary to modify the corresponding Export Right aliquot scheme to the agroindustrial sector,” justified the Executive Branch.
Withholdings: what are the products reached
Between the benefited products for the elimination of the withholdingsthere are citrus peels, citrus juices and essences, shad, grape juice, wine, parboiled or processed shelled rice, derailed rice, oak and quebracho extract, potatoes, shelled peanuts and peanut oil.
According to the provisions, they will be maintained Export rights 3% for parboiled paddy rice and common paddy rice, 2% for broken rice and 4% and 3% for shelled peanuts and peanut pellets, respectively.
Unprocessed tobacco will pay 5%, while firewood will pay 4% and raw wood, 3%.
The Government indicated that although during 2020 and 2021 the tax rate export right has been reduced, and was even set at 0% for different merchandise,”Some modifications are still pendingsince there are still products from the regional economies and others, with added value regarding their production processes, who continue to pay this right.”
For this reason, he highlighted that “to promote sales to external markets, improve the income level of producers and processors, as well as their interaction networkstrengthen the roots and permanence of the rural population in each region of our country, in addition to tending to improve the quality of the products, “The selection of products to be included in this measure was made.”
The complaint of the Argentine Sunflower Association
The Argentine Sunflower Association (ASAGIR) issued a statement in which it regretted that the cagroindustrial complex of the sunflower has been excluded from including in the export duty elimination program for the regional economies.
Below is the full statement:
He sunflower It is a crop typical of the margins of the core zone that often allows the producers stand up given their conditions of adaptation to complex climates and sensitive to the effects of the climate change.
This crop extends mainly in the North of our country, in La Pampa and the South of Buenos Aires, and the processing industries also have a very regionalized distribution; in fact, and constitutes a key element for industrial employment in its localities.
He genetic development It is also regional, and offers rural employment through seed suppliers and collaborative work with INTA.
It should be remembered that the sunflower processing industry adds local value and competes at a disadvantage in the demanding global oil market. In addition to grain (7%), industrialized products sunflowers also have an incomprehensible tax penalty; Oil and pellets have aliquots that range between 7% to 5%. This is detrimental to the addition of industrial value, and prevents the price improvement received by agricultural producers, resulting in a disincentive to expand the production surface.
If we maintain these levels of Export rights, We will lose the opportunity to be competitive suppliers in a world that needs Argentine sunflower oil due to the Russian invasion of Ukraine.
The sunflower chain It can once again be a very important contributor to the growth of employment, generation of foreign currency and added value at source in our country, if the Government does not insist on the opposite.
Source: Ambito