The initiative seeks to establish a withholding refund regime that were applied to the agricultural producers of his province, to “promote the competitiveness of the sector and promote economic development of the region”.
“This benefit is will apply to all exports of cereals and oilseeds produced within the provincial territory,” says the text and, in turn, includes among its beneficiaries “all natural or legal persons who certify the development of agricultural activity on Formosa soil.”
In dialogue with Agencia Noticias Argentinas, Paoltroni He defined his project as “mini agricultural RIGI”. “We started with the province of Formosa, but then we would have to extend it to all the regions of the country that present the same situation,” he highlighted.
For the legislator, the export duties are a “disastrous tax” and maintained that, if the project moves forward, the bomb would be “disarmed little by little” and “removed region by region until they finally withdraw from the entire country, which is the ultimate objective.”
“It is an alternative, it is a proposal concrete to start having growth and economic activity in places like Formosa, that the engine is completely stopped,” he summarized Paoltroni in statements to this agency.
The liquidation of agrodollars had the best October in at least 22 years: it exceeded US$2.5 billion
Paoltroni’s presentation occurs in parallel with the rebound in the agricultural sector in October. The Chamber of the Oil Industry of the Argentine Republic (CIARA) and the Center of Cereal Exporters (CEC), which represent 48% of the country’s exports, announced that companies in the sector settled 2,553 million dollars.
This represents a notable increase of 243% compared to October 2023 and a growth of 2.9% compared to September 2024. In accumulated terms, the first ten months of this year show an increase of 21% compared to the previous year, marking the best October since records began in 2002.
“The foreign exchange income for the month of October is the result of a better pace of grain sales by the producer, as well as greater soybean crushing at high levels for the month of October, and finally, an aggressive soybean shipment program. soybean flour and oil. Grain exports continue to work with high levels of idle capacity, as well as the oil industry, suffering permanent negative margins,” the official statement highlighted.
Source: Ambito
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