Uruguayan exporters assure that debts from Argentina exceed US$80M

Uruguayan exporters assure that debts from Argentina exceed US$80M

The secretary of the UEU, Margarita Varela, admitted that “it is likely that the amount is much more,” which is why she is seeking to create a registry.

The Uruguayan exporters They warned that the debt with importers of Argentina amounts to more than 80 million dollars, while they positively valued the measures implemented by the president Javier Milei linked to bilateral trade.

The executive secretary of the Uruguayan Exporters Union (UEU), Margarita Varela, admitted this situation and that is why they aim to create “a registry of exporters with outstanding debts to collect,” as indicated in dialogue with Revista Verde.

Varela recalled that some 400 Uruguayan companies have Argentina as the destination of the placements and specified that, according to estimates, “the debt amounts to more than 80 million dollars”, although he anticipated that he cannot confirm that it is the total and slipped that “it is likely that the amount is much more”, for what they seek to make a record to keep track of the exports Aware of the payment.

The expectation of the sector with Bopreal

On the other hand, Varela highlighted the launch of the Bopreal in Argentina, a bonus so that Argentine importers can pay creditors abroad. “We are looking carefully and monitoring, because first the market has to be generated,” explained the UEU representative.

In that sense, he summarized: “To access dollars, bonds have to be marketed. We have to see what acceptance they have among Argentine importers.”

In this way, expectations are maintained about the instrument, which today opened a new tender for the Series 1, with a maximum limit of 5,000 million dollars, which will end this Wednesday.

Milei’s measures and the end of SIRAs

On the other hand, Varela admitted that “the system that came to replace the SIRAs and, as he stated weeks ago in dialogue with Ambit, “opportunities for flexibility are opening up” with the neighboring country.

Along the same lines, he assessed that after the assumption of Milei “There was a change in the payment terms”, noting that “before it was generally 180 days and now the new regime establishes staggered payments that range from 30 to 120 days.”

“The first 30 days of the new system are just over. So we are monitoring with the exporters, to see if they are really charging or not, said the executive secretary of the UEU.

Source: Ambito

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