Mendiguren: “All the measures that are being taken to calm the markets”

The new head of the Production area, Ignazio Mendigurenhe said that all measures were decided by the new economic leadership led by Serge Massawhich presupposes today, “serve to calm the markets “.

“It would be nice if we could calm down together. A crisis does not go where you want and there is a social situation that requires a serious commitment from us, “De Mendiguren said Wednesday, after conducting an act for the 30th anniversary of the Investment and Foreign Trade Bank (BICE), the body it has chaired to date.

He added: “All the measures underway for the emergency they serve to calm the pesos market, the dollar market, they are taken with a long-term view“.

Mendiguren was called by Massa to take charge of the Production area. Former Minister of Production during the presidency of Eduardo Duhalde in 2002/2003 and former president of Industrial Union (UIA) confirmed – as he had anticipated Clarione– That will not be responsible for the import authorization.

“For an ethical question, because I am on the Board of Directors of the Industrial Union, it is not logical that I deal with prices and manage imports. All this will be at the Ministry of Commerce, “said the official, who is also an industrial and agricultural entrepreneur, in statements following the BICE anniversary act, which took place at the Kirchner Cultural Center.

Mendiguren, 70, was president of the Industrial Union from 1999 to 2001 (he resigned in 2002 to join the Duhalde government) and returned to lead the factory between 2011 and 2013. That year he was elected national deputy from the Renewing Front led by Massa, and renewed his mandate in 2017 until 2019, when he asked for permission to return to public office as president of BICE.

On Wednesday, after greeting in an act with 500 bank employees, he declared that the arrival of Massa and his team at Executive Power has as its primary purpose the “serene” of the markets. and also politics.

“For the elections missing, it would be good if we could calm down together. A crisis does not go where we want. There is a social situation that requires a serious commitment on our part. If in the first phase it is possible to coordinate the different spaces, there is already a step forward“, She said.

He added: “Right now it’s important be able to strengthen reservesbut the important thing is power take it easy. When there is disorder, the exchange rate goes up. We saw it in 2002, it reached four pesos when the disorder was great and then we didn’t know how to stop him from going down. I had shops and we assumed that dollars weren’t accepted, The Uruguayans came with the dollars and we didn’t accept them (laughs). “

And he underlined, in this sense, the priority of the new economic team: “The idea is that all the measures they are taking for the emergency are to calm the market in pesos, the market in dollars a little. this long look “.

A few minutes earlier, during his farewell speech at the bank, he had appealed to the national government signs of unity.

“Faced with the challenges and demands of the world, the question is what will we do?We will continue to fight from home or will we be able to visualize this opportunity? “he said.” It is necessary show the unity of the national field in the discussion of these projects. We are facing the next possibility that Argentina will make the definitive leap of development, with all these scenarios that are proposed to us: energy, mines, fishing, agri-food chain.

When asked about the photo that Cristina Kirchner uploaded on Monday in the meeting with Sergio Massa (while prosecutor Diego Luciani continued the accusation against her), Mendiguren assured that it was an endorsement of the management of the new minister.

-Massa comes with the endorsement?

– Of the three, yes. This. Now what he does is move on. The worst in such a situation it is paralysis.