Argentine is working on a free trade agreement with US
Recently, Donald Trump also said in a press conference that he would "consider" negotiating a free trade agreement with Argentine, as President Javier Milei wants.
Meanwhile, Adorni said in a press conference that the Foreign Ministry and the Ministry of Economy "are working on a free trade agreement between Argentine and the United States", which will allow "strengthening the presence of wines, meats, biodiesel and essential oils" in the North American market, among other national products.
In this regard, the spokesman celebrated that the shares of Argentine companies rose by almost 8% on Wall Street, and said that this expansion occurred "by virtue of a new Argentine of stability and within the framework of growth".
The ABC Consortium of Argentine Meat Exporters stressed that if Argentine and the United States reached an agreement, it would be "positive and generate new export possibilities and an increase in quotas", they indicated. It is worth remembering that Argentine has a quota of 20,000 tons of beef to the United States. Beside of this quota, 26% of taxes are paid to enter that destination.
Last June, the Argentine meat export industry asked the government to negotiate with the United States to expand the quota to that destination. The industry's businessmen had indicated that the best thing that could happen was that the free trade agreement with the North American country would be finalized.
They then pointed out that Australia and New Zealand have quotas of around 300,000 tonnes, relatively high amounts that are rarely met. The intention is that Argentine can use part of the 100,000 tonnes that are usually left over in these countries.
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