Until now, to import bicycles, companies had to send an authorized certifier abroad to the plant of origin once a year. They also had to import a sample to be tested in an Argentine laboratory, which entailed high costs and unnecessary delays. Local manufacturers also had to test the product in the plant.
Anti-dumping regime: regulations removed to facilitate bicycle imports
The measure aims to facilitate the sale of these products and lower prices. Bicycles in Argentina are the second most expensive in a comparison with nine countries with medium-high GDP per capita, according to government information.
These bureaucratic obstacles acted as barriers to free competition and made bicycles more expensive in Argentina than in the international market.
In a comparison with nine countries (England, Spain, Mexico, Uruguay, United States, France, Brazil and Chile), the Argentina is the second country with the most expensive bicyclesFor example, the 29-inch Mountain Bike model costs $549,000 in Argentina, while in France, it costs $261,485 and in the United States, $244,333 (converted to Argentine pesos).
Of the 37 countries in Latin America and the Caribbean, Argentina is the fourth country that imports the fewest bicycles per person. In recent years – on average – the number of imported bicycles has hovered around 10% of total consumption.
Responsibility for the quality and safety of products lies with marketers, in accordance with the provisions of the Consumer Protection Act, which protects the rights of buyers.
The regulations on bicycle inner tubes and tyres, which were subject to strict control, which increased their cost, will also be eliminated. Among other items, the plant at the source had to be certified and/or the products tested by sending samples. In these cases, the technical regulations, which establish mandatory requirements for some products, functioned as barriers to trade and have therefore been repealed.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
