Mar 2 • 04:05 UTC 🇦🇷 Argentina La Nacion (ES)

"It should be the mirror": in the countryside they celebrated Milei's promise about export taxes, but there were concerns about the timing and doubts about seeds

Agricultural leaders in Argentina expressed cautious optimism regarding President Milei's promise to continue reducing export taxes, although they emphasized the need for more predictable policies.

In his address during the opening of the 144th session of Congress, Argentine President Javier Milei garnered positive reactions from agricultural representatives, particularly for his commitment to maintain the reduction of export taxes, pending fiscal surplus conditions. The goal of producing 300 million tons of grain, which is more than double the current output, was also highlighted, signaling ambition for the agricultural sector's growth. However, leaders like Ignacio Kovarsky, president of Carbap, raised concerns about the lack of a clear horizon regarding these policies.

Despite the favorable reactions, agricultural organizations are urged for greater institutional predictability in light of these ambitious targets. They expressed a shared sentiment that while the initial steps by the government seem promising, uncertainty remains around the specifics of the implementation and potential reforms, especially regarding intellectual property rights in seeds. The balancing act involves maintaining momentum in agricultural growth while addressing the complexities that come with regulatory changes.

The discussions surrounding Milei's promises reflect broader themes of economic governance and sustainability in Argentina's agricultural landscape. With the promise to enhance productivity alongside strict financial controls, stakeholders are keen on ensuring that their productive capacities can align with legislative changes without risking their viability in the competitive global market.

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