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Soy dollar: the Government has formalized the list of 21 products of the regional economies

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The Government has finally formalized the list of the first 21 products of regional economies that enter the agricultural dollar and which, in this way, will benefit from an exchange rate of $300.

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Thus, Resolution 138/2023, of the Ministry of Agricultural Policies, refers through the Resolution, published in the Official Gazette. The measure bears the signature of the art area chief Juan José Bahillo.​

The list includes: peach, lemon, legumes, honey, garlic, tobacco, tea, plum, blueberry, cherry, dried fruit, olive, peanut, wine, forestry, sunflower, confectionary, wool, jojoba, organic products, protein concentrates, and pop of corn. More products may be added to this list in the coming weeks.

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This boon for regional economies -dollar at $300- It will last until August 30th.

However, companies must meet the “eligibility” conditions. on the basis of criteria indicated by the Ministry of the Economy to guarantee the offer and the price so that it does not affect the inflation rates.

AS, A company that does not enter at fair prices cannot enter the export programme. And furthermore, the sector must guarantee employment to the 380,000 people who work in these sectors.

As indicated by the Minister of Economy, Sergio Massaduring the announcement, that the measures aim to “strengthen Argentina’s agro-export model and strengthen our reserves and currency, so important in times of global and local uncertainty and volatility.”

The expectations, both of exports and of the national government, that is until May 31stwhen the Pie window closes for the soybean complex, about 5,000 million dollars enter.

In any case, producers were reluctant to part with the goods due to the low price offered by exporters, between 95,000 and 105,000 pesos per ton.

The Minister of Agriculture, Juan José Bahillohe highlighted that this new version of the PIE responds to all the “needs and requests of producers both in regional economies and in other productions”.

In radio statements, the official said that “regional economies, such as crops and livestock activity across the country, generate employment, sustain economic activity in the interior, generate roots; we want to translate that into concrete public policies.”

Farm Dollar: What are the requirements that must be met for the program

“The following eligibility requirements are envisaged for subjects adhering to the EXPORT INCREASE PROGRAM for REGIONAL ECONOMIES”, specifies the resolution published this Monday in the Official Gazette.

  • Export the goods whose tariff positions of the Common Nomenclature (NCM) of MERCOSUR are listed in the annex which, registered with the n. PLAN.
  • They exported at some point in the immediate EIGHTEEN (18) months before the entry into force of the Decree n. 194 of 9 April 2023 goods whose tariff positions of the MERCOSUR Common Nomenclature (NCM) are listed in the aforementioned Annex.
  • Make a commitment to maintain or increase during the duration of the EXPORTER INCREASE SCHEDULE the number of jobs registered under its dependency, at the time of entry into force of the aforementioned Legislative Decree 194/23.
  • Make a commitment to supply the local market with consignment goods in the aforementioned Annex, having to maintain or increase the supply volumes it recorded in the EIGHTEEN (18) months preceding the entry into force of the aforementioned Decree 194/23.
  • Comply with price agreements for the local market established in this regard by the SECRETARIAT OF COMMERCE of the MINISTRY OF THE ECONOMY.

NS

Source: Clarin

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