Exporters highlight progress and good climate to unblock debts from Argentina

Exporters highlight progress and good climate to unblock debts from Argentina

February 7, 2024 – 15:45

The president of the UEU, Facundo Márquez, valued the government’s closeness and admitted that there are questions about Bopreal.

The Uruguayan exporters and industrialists They were optimistic about being able to pay off the commercial debt they maintain Argentine companies with local suppliers, after holding meetings in recent days with government authorities, about which they highlighted that they are following everything “very closely” and are in contact with neighboring authorities.

From the Union of Exporters of Uruguay (UEU) highlighted Ambit the existence of a “new climate” in the commercial relationship with Argentina from the arrival of Javier Milei to the government, in addition to the fact that there is a willingness on the part of the Uruguayan government to find joint solutions that allow the collection of the debt backlog, which they estimate exceeds 100 million dollars.

The president of the UEU, Facundo Marquez, confided to this medium that both in the meeting held with the chancellor Omar Paganini as with the Minister of Economy, Azucena Arbeleche, There was “good progress,” noting that government authorities “are clear that they cannot intervene directly, because it is a private matter, but they can help and they do.”

In line with this, the union’s headquarters will host a meeting this Thursday where an important group of companies that sell to Argentina to reinforce the monitoring of the topic, at a time of growth of the exports.

Facundo Márquez, Omar Paganini.jpg

Bopreal raises questions due to “doubts and technicalities”

“There are doubts and there are technicalities that raise questions,” regarding the operation of the new payment system and specifically the Bonds for the Reconstruction of a Free Argentina (Bopreal), the new instrument that created the Central Bank of the Argentine Republic to settle the commercial debts that the regulator maintains with importers from his country, he stated Marquez.

The union representative also valued the new stage of trade with the neighboring country as good news, following the suspension of the import authorization system. SIRA. “Now the concern is not that, but the date and time of collection,” clarified the president of the UEU.

To continue moving forward, the next meeting will be with the president of the Central Bank of Uruguay, Diego Labat, with the intention of transferring the information to its Argentine counterpart. From the Uruguayan organization they have already conveyed to the unions that “there is a lot of will from Argentina in solving the issue.”

In turn, Márquez announced that the union has already requested a meeting with the newly appointed ambassador of the Argentinian republic before our country, Martín García Moritán. The diplomat plans to present his credentials at the end of this month.

Exporters Arbeleche.jpg

Source: Ambito

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