The UIA ratified the role of the industrial sector in economic growth and called for “respect”

The UIA ratified the role of the industrial sector in economic growth and called for “respect”

“It may be that we are empty of some things. But we are full of business representation,” said at the opening of the 30th Summit of the Argentine Industrial Union (UIA)the president of the entity, Daniel Funes from Rioja. Thus, he made reference to the fact that, despite the absence of official authorities, the organization he heads has a strong representation of the sector.

Funes de Rioja said that industrialists “are committed to the country and the future” and that what drives the sector “is passion.”

The companies grouped in UIA they trust the direction of the ruling partydespite the absence of representatives of the Government of Javier Milei and assured that “in Argentina there was no consensus for the development of the industry in the last ten years”, but assured that, “today, we are facing a new macroeconomic order that presents us with great challenges.”

In that sensethe executive director of the UIA, Diego Coatzraised the need to face development problems “with pragmatism”. He argued that although the “Argentine cost affects all sectors, it does so much more in those that are exposed to competition from abroad.”

Industrialists ask for incentives to invest

The UIA director said, in that sense that “It is necessary to have a law to encourage productive investments” and thus move from a “defensive to an offensive” agenda. However, he clarified that “the macroeconomic order is a necessary condition, but not sufficient” for the development of manufacturing activity.

In fact, One of the main concerns of businessmen is the delay in the exchange rate combined with the government’s increasingly marked vocation to open imports-

José Urtubey, the director of Celulosa Argentina, commented to Scope We must “insist on dialogue” with all sectors of the country. “The exchange variable can be used in a first stage because that allows short-term imbalances to be corrected. But thinking long-term, the government has to strengthen the productive offer,” he explained.

The businessman highlighted that “The United States is raising its levels of tariff protection and that is where we have to be extremely careful.” so as not to break our productive apparatus.” Urtubey considered it necessary to correct distortions from a fiscal point of view because otherwise “the cure may be worse than the disease.”

Argentine industrialists trust in the direction of the ruling party, despite the absence of representatives of Javier Milei’s Government and assured that “in Argentina there was no consensus for the development of the industry in the last ten years”but assured that, “today, we are facing a new macroeconomic order that presents us with great challenges.” This was stated by Martín Rappallini, president of the Industrial Union of the Province of Buenos Aires (UIPBA).

“Our products are tradable and we compete with countries with other conditions. “We industrialists do not want protection, we want fair conditions to compete,” He stated in response to the criticism that the ruling sector receives for the subsidies and support that many governments allocated to that sector.

And he assured that “it is because of the lack of equality that we need protection.” “I want to highlight the role of the industrialist, who produces and pays taxes. We want respect. The industry contributes 30% of the revenue and we agree with the president that the private sector is the engine of the economy,” Rappallini said.

Source: Ambito

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