The agreement includes a remuneration rate for the Upper Paraná section of the Main Navigable Waterway between Santa Fe and Confluencia. How much did it cost?
Finally, Argentina and Paraguay They came to a agreement due to a conflict over the rates of the Hydroway. The Government announced this Friday an agreement with the bordering country the rate for the Upper Paraná section of the Main Waterway between Santa Fe and Confluencia.
The Government of Javier Milei claimed $30 million in debt But Paraguay refused. This was an inconvenience, because the Hydroway is one of the most important navigable routes, through which most of the regional and international trade ships circulate.
Through a Minutes of Agreement signed by the General Administration of Ports SE (AGP)and the River shipowners of the Plata and Paraguay basinsdifferent bonuses were established in the feewhich is officially established in US$1.47 per NRT (net registered ton) for international traffic, and $1.47 for cabotage traffic.
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Presidency
The Argentine government welcomed the agreement reached between the AGP and the private sector and reiterated “the importance it attaches to this waterway as a factor of integration and regional development, with the aim of achieving a competitive and modern logistics system.”
Bonuses and credit
According to the Transportation Secretariat, which is part of the Ministry of Economy, the bonuses will be applied in key periods. Between the 2/15/2023 to 8/31/2024the rate will be US$0.80. Between 1/9/2024 and 28/2/2025of US$1.20. Discounts will be applied if payment is made within 45 days of the invoice being issued.
If companies pay the full rate that has been active since the beginning of 2023, they will benefit from a credit in favor. The National Transport Department explained that the fee corresponds to the maintenance work carried out on the section, which includes marking, necessary route adjustments and specific dredging works, among other works carried out.
Source: Ambito
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