Low of withholdings: The Agroindustrial Council estimated how much exports will grow

Low of withholdings: The Agroindustrial Council estimated how much exports will grow

February 4, 2025 – 20:21

The CAA celebrated the decrease in retentions, although it remarked that the sector could contribute 50% more dollars to exports if the deadline and scope of retention reduction extends.

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Within the framework of a meeting with government officials, From Argentine Agroindustrial Council (CAA) they highlighted the decrease in withholdings, although they stated that the sector could contribute 50% more dollars to exports Yes extends the term and scope of the measure. The meeting occurred in the midst of concerns about the low level of liquidation of the field.

The Caa He ratified his support for the decision to leave export rights for products of cereal-poleaginous complexes and elimination of aliquots for regional economies And he recalled that during the last four years he was claiming to achieve zero the rights to the entire universe of regional economies.

According to studies by the entity, the recent measure would allow exports for 98.1 million tons, implying an interannual growth of 11%. In terms of value, Agroindustrial exports could reach US $ 47,954 million, US $ 1,738 million more compared to previous estimate to the reduction of retentions. This increase responds mainly to the commercialization of accumulated stocks.

Agroindustrial representatives They requested that this path be sustained and deepened to generate better conditions for productive planning and the adoption of technologies. This would allow, argued, an increase of between 4 and 7 million additional tons, promoting both production and internal processing. As a result, lexports could grow between USD USD $ 1,500 YU $ 2.4 billionwith the creation of approximately 60,000 jobs.

They also highlighted the need to adjust the eligibility requirements of the benefits of low rights for products of the Oleaginous Complex-Cerealro under Law 21,453 since they are difficult to comply with national companies with low access to international financing. Finally, They asked to include bovine, avian, animal nutrition and fishing products.

The meeting was attended by the head of the ARCA, Juan Pazo, the Undersecretary of Production Coordination, Santiago Migone and the Undersecretary of Markets of the Secretary of Agriculture, Livestock and Fisheries, Agustín Tejeda.

From the Council they expressed that they will continue to collaborate with the Government to bring proposals that promote the sustained and sustainable growth of agroindustrial exports and bioenergies, as well as the legislative debate of the investment and employment bill, and biofuels, will be encouraged. The problem of tax evasion was also addressed and ideas were exchanged about the importance of prioritizing this issue that generates unfair competition, affecting competitiveness and collection. In this regard, CAA offered information on each of the chains that integrate it and collaboration to the authorities to combat this scourge.

The president of CAA, José Martins, I consider that “the meeting was very positivein a framework of understanding of the government’s effort to achieve fiscal surplus and normalize macroeconomics, the challenge is to continue working in decrease in export rights that cover the entire universe of agribusiness with simple application mechanisms, which do not generate difficulties for exporting companies ”.

Source: Ambito

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