In the context of the government’s assault on the judiciary, the Argentine Business Association (EEA) called for compliance with the “constitutional principle of division of powers” and, also, “have independent justice.
Through a statement released after its annual meeting, the body that brings together the most important businessmen in Argentina, said that “respect for institutions of the Republic is a necessary condition for development.
The declaration coincides with the process of Prosecutor of the Supreme Court which the party in power carries out in the Impeachment Commission of the Chamber of Deputies.
The AEA was founded in May 2002 on the initiative of a group of entrepreneurs with the aim of promoting the economic and social development of Argentina from the point of view private entrepreneur, with particular attention to strengthening of institutions. The members of the association manage companies that employ collectively nearly 250,000 people.
The statement released on Wednesday, entitled “It is essential to overcome anomalies to ensure development”, also stressed that the election year that opens is “decisive for the life of our country” and described as “inevitable” that the ‘Argentina means by “reaching normality” in their economic policies.
“We are aware that to reverse these anomalies, unsustainable over time, and adopt virtuous economic policies such as those that prevail in successful countries, Argentina must inevitably face major challenges. We are also clear that this will require very arduous political and technical work and rigorous that does not allow for improvisation,” they added.
During the EEA assembly, they were incorporated five new members and it was ratified Jaime Campos as president of the body and were also re-elected to their posts Frederick Braun as Vice President, Julius Saguier as a member and was nominated Mariano Bosch as a new member
The five new partners, for their part, are Claudia Alvarez Arguelles, President and CEO of Hoteles Álvarez Argüelles; Pierpaolo BarbieriFounder and CEO of Ualá; Martin CastlesChairman of the Blue Star Group; Henry Duhau, President of the Administration Enrique Duhau, e Ignacio LartirigoyenCo-founder and President of Lartirigoyen & Cía.
“The entry into the Association of these entrepreneurs strengthens the profile of the EEA as a representative entity of the business community, and represents an important contribution to continue moving forward in achieving its objectives”, added the entity.
Below is the full text of the press release:
“At the beginning of a decisive year for the life of our country, the entrepreneurs who are members of AEA want to underline, in the first place, that respect for the institutions of the Republic is a necessary condition for development. In particular – and within the framework of the 40 years of recovery of democracy – we underline the extraordinary relevance of the constitutional principle of the division of powers and have independent justice”.
“It is inevitable that Argentina, in order to develop, seeks to achieve normality in terms of economic policies. For many years we have lived with the scourge of high inflationwith permanent deficits in public accounts, with art absence of a coin domestic respected, with a very high and distorted level Tax burden on the formal sector, with permanent changes in the rules of the game, with various types of change, with undue interference in the field of companies such as price controlswaves multiple constraints related to foreign trade; just to name a few anomalies.
“We are aware that to reverse these anomalies, unsustainable over time, and adopt virtuous economic policies such as those that prevail in successful countries, Argentina must inevitably face major challenges. We are also clear that this will require very arduous and rigorous political and technical work that will not allow for improvisation”.
“The advantages for Argentina of moving decisively in this direction are obvious because they will make it possible the mobilization of private sector energies generate more income, jobs and reduce poverty. Which, in turn, will make it possible to fully exploit the opportunities offered by our country in the agricultural, energy and mining sectors, as well as in the manufacturing and service sectors”.
Charles Arterburn is a seasoned business journalist for News Rebeat, where he provides comprehensive coverage of the latest trends and developments in the world of finance and economics.