News of import

Caputo confirms that PAIS tax will be cut next week

28-08-2024 23:37 Goverrnment to lower 'Impuesto PAIS,' key import tariff, to cool inflation; Economy minister says cuts will begin for imports and freight cargo with reduction beginning next week.

IMPORTS

Yes, we have no bananas – import crisis, million-dollar debts leads to fruit shortage

17-11-2023 18:18 Debt of US$22 million prompts producers to Bolivia and Paraguay to suspend exports of bananas and pineapples to Argentina.

Bloomberg

Sergio Massa threatens to cut fuel exports amid shortage

30-10-2023 08:21 “If the fuel supply is not resolved by midnight on Tuesday, companies will not be able to send out export ships starting on Wednesday,” Massa tells reporters in Tucumán Province.

Currency woes

A US$500-million cash pile at Argentina’s main airport unnerves banks

19-10-2023 00:06 Banks have seen a sharp increase in dollar withdrawals at their branches ahead of the election. Forced to import cash to meet the surge in demand, a government move meant to stem “irregularities” in foreign trade has compounded concerns.

PRODUCTION & INDUSTRY

Auto industry takes leap forward after stagnant decade

11-04-2023 16:43 New survey from ADEFA car manufacturers association shows a volume of production not registered since October 2013 – more than 61,000 vehicles in a month.

by Gabriela Maidana

VACA MUERTA

Vaca Muerta awakes as pipelines revive shale hopes

27-02-2023 15:07 Argentina’s energy industry has seen its fair share of false dawns, but the construction of a pipeline is an irrefutable step towards cutting the country's dependency on fuel imports.