The president of the Argentine Industrial Union (UIA), Daniel Funes from Riojadefended the sector this Tuesday and warned about the consequences of the opening of imports by the Javier Milei government. “We want and can compete, but on equal terms”stated during the closing speech the 30th Industrial Conference of the entity he heads.
The head of the UIA was not against the opening of imports but he had objections. “The point is under what conditions the economy will open. You have to look at international experience. Today we have the United States protecting its production, Europe, Canada, Brazil and from the point of view of restrictions we have fiscal distortions.”
This time the president Javier Milei and the Minister of Economy Luis Caputo They did not participate in the meeting of the country’s main industrial entity. Despite his absence, Funes de Rioja preferred not to confront the Government. “We would have liked them to come”he clarified and assured that they did not empty the meeting “because here there are 1,100 industrialists looking at their future, the reality the context to have a diagnosis.”
The UIA’s claims to the Government were subtle. They clarified on more than one occasion that the industrial sector does not seek to be protected. “We want and can compete, but on equal termswhere our Argentine cost does not make such competition unviable,” requested Funes de la Rioja.
Following this claim, he requested that Congress address a SME law and a RIGI SME. But he admitted that it will not happen soon: “We all want to be first on the list but there are other times.”
In this sense, he took up a phrase by Minister Caputo about the need to “level the playing field” before opening imports. To this end, Funes de Rioja maintained that “such a balanced terrain is necessary that expands the horizon of the value chains that cross industry, agriculture, services, mining and energy and that with digitalization and the new technologies of the Fourth Industrial Revolution can improve productivity.”
Juan Pazo: “This week we will send the industrial investment promotion law to Congress”
During his participation of the UIA Conference, the Secretary of Production Coordination, Juan Pazo, announced this Tuesday before an auditorium full of representatives of the industrial sector that this week the Government will send to Congress the industrial investment promotion law. In this way, the official sought to bring closer positions with the industrial sector and show that the Government intends to promote its development.
“This week we will send the industrial investment promotion law to Congress,” Pazo said within the framework of the 30th Argentine Industrial Conference organized by the UIA. The announcement was very well received by industrialists, who since February of this year have been fighting for a “RIGI” for SMEs.
The bill It includes 6 chapters, the official anticipated. Regarding the tax issue, there will be accelerated depreciation of assets for Income Tax and deferral of VAT. There will also be deductions from social charges that can be offset by national taxes.
In addition, there will be a labor chapter that will include modification of working conditions, vacations at any time of the year, and salaries will be able to be paid in salary accounts on digital platforms.
Source: Ambito
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