The government of Javier Milei promoted several economic modifications with a single week in charge and the Uruguayan exporters They already welcome the measures taken by the president, among which are the modification of the local currency and an increase in withholdings.
In that sense, those involved assure that the panorama changed completely as a result of these measures. “The export panorama based on these measures and what is to come is frankly almost the opposite of what happened in recent years, it is very encouraging”, assured the private consultant, Victor Tonelli, to Added Value.
On the other hand, Tonelli stressed that, despite the increase in withholdings by 8.2% – a measure that still requires the approval of the Argentine Congress – “you will still have a benefit and power of incremental purchase to the exporter above 20%.” With this, the private consultant assured that “the exporter is rubbing his hands and seeing how he can do to recover and include new markets.”
Regarding the possible competition that could become Argentina in the international meat market, he announced that the first thing that should be taken into account is that “Argentina There will be a drop in the total supply of meat of at least 400,000 or 450,000 tons, over the 3,300,000 it had this year.” A figure that, according to the consultant, “is very important.”
However, Tonelli announced that in the international context Big changes should not be expected, at least for this year. Meanwhile, if these policies continue in this way, an increase could be perceived. “I have the feeling that the fall is going to hit, I don’t know if in its entirety, but to a large extent in the domestic market,” he estimated.
Expectations for China and the European Union
For weeks it has been a topic in the Uruguayan agenda the possible free trade agreement with China. A decision that was discussed with Mercosur weeks ago but that could not reach a successful outcome.
“I believe that the countries of the Mercosur We should change our policies in terms of new trade agreements, not only opening the market but lowering the cost of income in Southeast Asia and especially the north of Asia. Africa, There is a lot of work to do there,” said Tonelli.
Regarding the drop in demand from the Asian giant, the consultant assured that it is expected to “slowly recover that capacity and energy, especially in the international marketif that happens China “It still has a very high potential in demand so that it will continue to be the engine of change in some way.”
Regarding the agreement with the European Union and the Mercosur, which has been a topic of negotiation for more than two decades without reaching any agreement, Tonelli said that he does not see it “as one of the main destinations that one should aim for in the future, I rather see it withdrawing its demand. Furthermore, Europe presents a new enormous challenge that is the environmental issue.”
Source: Ambito
