Argentina

15 Argetiniam meat producers suspended from export

Beef

The companies are accused of dodging taxes on their meat shipments abroad.

Posted on Mar 30 ,09:10

15 Argetiniam meat producers suspended from export

15 Argentinian meat producers are suspended from export after governmental officials have uncovered large shipments of meat that were not registered with the state. At least 40 tonnes of shipments from one of the world’s best-known beef producers are questioned in this case, informs Reuters. The country’s agriculture ministry said in a statement it had uncovered several meat export operations that had undercut competitors and evaded taxes by failing to properly register their businesses with the state.

The report did not list the names of the companies involved or the destinations of the exports. State prosecutors would begin preparing formal complaints shortly, once inspections are completed, the ministry said in the statement. Argentina is a major world exporter of beef and one of the main suppliers in the Chinese market. Last year, Argentina exported more than 850,000 tonnes of beef to China, accounting for almost 75% of total beef exports. The figures are similar to those reported in 2019 when Argentina directed more than 70% of the beef exports to the Chinese market. The total volume of Argentinian beef exported to China in 2019 stood at 870,000 tonnes.

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