Javier Milei will lead a UIA event amid the industry’s downfall

Javier Milei will lead a UIA event amid the industry’s downfall

August 29, 2024 – 15:33

President Javier Milei will speak at the UIA headquarters. Although there is support for the Government, the sector has been warning of the collapse of industrial activity.

Javier Milei will return to talk facing businessmen in a act organized by the Argentine Industrial Union (UIA)amid a sharp decline in the sector and following the approval of the Large Investment Incentive Regime (RIGI) and the labor reform. The event will take place Next Monday, September 2nd at 10:30 at the entity’s headquarters, at Avenida de Mayo 1147.

Milei will be the Keynote Speaker of the Industry Day with the president of the UIA, Daniel Funes from Riojawho last week warned about the sharp decline in industrial activity. Despite the announcements of “economic recovery” that the Government has been making, Funes de Rioja predicted that “There will not be a rapid recovery”.

The latest report from the Argentine Industrial Union (UIA), released at the beginning of the month, showed a industry collapsed by 14.1% in the first half of this year. Despite these figures, the sector has not expressed criticism of the Government. On the contrary, there was explicit support for the labour reform voted in the Ley Bases and soon to be regulated.

UIA

UIA President Daniel Funes de Rioja (photo) will lead the event alongside President Javier Milei.

UIA President Daniel Funes de Rioja (photo) will lead the event alongside President Javier Milei.

The automobile factories grouped in ADEFA supported the latest measures of the Economy

The Association of Automotive Manufacturers (ADEFA)the entity that groups the automotive terminals located in the country, supported through a statement the measures announced by the Ministry of Economyreferring to the import of steel and the systematization and digitalization of the regime of Replenishment of stocks (Repostock)“They are positive and go in the right direction to improve the competitiveness and international insertion capacity of the sector,” the entity said.

“The publication of these measures is very positive and undoubtedly forms part of the results of a sustained joint effort between the private sector and the Government for the development and strengthening of our industry,” he said. Martín Zuppi, president of ADEFA.

Source: Ambito

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