Amidst restrictions on reserve maintenance and drought compromising foreign exchange income, the government continues adapt the new import system (SIRA). In this sense, companies that have had problems importing and using their dollars will be able to access official permits more quickly. The decision will be announced on Monday by the Ministry of Economy after the market has closed.
Strictly speaking, import permits “no foreign exchange” or “own trade” They were in force since the entry into force, on October 17, of the new foreign trade scheme and the modification of the payment methods previously made official by the Central Bank. The news is now that will be authorized. “The importers in this way have already finished the process and will leave, we will announce it tomorrow”, confirm sources of Economy.
In the first three days, the Government registered 31,657 requests from 7,169 importers who submitted at least one SIRA, for a total amount of 3,365 million dollars (FOB), almost half of what was imported in September. However, until Thursday of last week only 12% were authorized(outgoing), while 52% have been observed, 28% are being analyzed, and 8% have been canceled or canceled, according to a report from the consulting firm HLF, which circulates in UIA.
After the abandonment of the “quotas” set in March to pay with official dollars, the transfer of foreign currency is enabled after the shipment of the goods on the date indicated by the new system, with a still unclear criterion. The exception is when the asset is considered a priority or the company uses its dollars. On the latter case, it is not necessary to go through the single foreign exchange market (MULC) why recourse to own possession, which means that in retrospect he would not have access to the MULC or the MEP dollar.
The announcement would mainly concern the importers of luxury goods, such as high-end cars, airplanes and motorcycles, since it is excluded that mass consumption or industrial companies choose that path. Three weeks ago Massa made the purchase of “luxury” goods abroad more expensive. “Do you think many companies will do it? And if they will they will put the costs at a dollar of $ 300 and this is a nice increase in the selling price: more inflation “, they warned from the UIA.
Without sufficient reserves in the Central Bank, to the previous decision of triple non-automatic licensing, which has resulted in major obstacles. Therefore, of the authorized SIRAs, 70% were automatic (quick approval) and 20% non-automatic licenses, according to the report circulating in UIA.
In Ecocommia they recognize that there was a “strong” reordering of imports and who continue to make “adjustments” after the claims of the industrialists, customs officers and CAME. One of the points under discussion is that of payment terms, since 93% obtained dates other than those requested, in most cases greater than 90 days and almost half between 180 and more than 210 days, according to the report. private.
“It’s an operational change, now basically we have to see if it gets cleared faster. If this is announced tomorrow, we basically have an exchange rate split, it would validate an exchange rate of $ 300 for those who wish to use it and that will drive up. prices because it is an acknowledgment of blue as an official exchange “, they pointed out in a foreign trade advisory.
Source: Clarin
