The government of Argentina launched a new measure to make it easier for importers settle their business debts, an initiative that can directly benefit Uruguayan exporters, that account for a debt of at least 100 million dollars from that country.
From the sector they highlighted the “good climate” that has existed since the inauguration of the Argentine president Javier Milei and held meetings with authorities of the Central Bank of Uruguay (BCU) to unblock payments, while, at the same time, tools emerge from the other side, as had happened with the launch of the Bopreal.
The latest news provided by Milei was to allow, starting this Wednesday, access to some 10 thousand micro, small and medium-sized enterprises (MSMEs) to the Single and Free Exchange Market (MULC), so that they will be able to access the official dollar to obtain foreign currency for up to $50,000.
The measure affects those mypymes with declared commercial debts for up to 500,000 dollars and “will be open to those importers who have balances pending cancellation of their debt registered in the Register of Commercial Debts for Imports with Foreign Suppliers,” they stated from the Central Bank of the Argentine Republic (BCRA).
Meanwhile, as of March 10, companies will be able to access for an additional $100,000 and, as of April 10, for the remaining amount of their registered debt, as reported by the Argentine government.
Uruguayan exporters see progress and good signs from Argentina
This scenario represents a new gesture towards the Uruguayan exporters, that in the last two months the good predisposition of both the local authorities and the government of Milei.
In fact, the president of the Union of Exporters of Uruguay (UEU), Facundo Márquez, met with him president of the BCU, Diego Labat, to be able to unblock payments from the neighboring country, even evaluating the possibility of using the Payment System in Local Currencies (SML).
In the days before, Marquez had expressed to Ambit that there is “a new climate” after the arrival of Milei to power, while highlighting the role of the Uruguayan government. “They are clear that they cannot intervene directly, because it is a private matter, but they can help and they do,” he highlighted.
Source: Ambito
