Doing Business In Argentina

three investors. Other important sources of investment capital include Brazil, Canada,
Mexico, U.K., Italy, Chile, the Netherlands and Germany.
Also according to UNCTAD, Argentina received 1.3 percent of foreign direct investment
(FDI) inflows to developing countries, and 5.7 percent of FDI inflows to Latin America
and the Caribbean in 2006. Both of these shares are well below Argentina's average
FDI share from the pre-crisis 1992-2000 period. Total FDI inflows in 2006 were
estimated at $4.8 billion. The stock of U.S. FDI in Argentina in 2006 was estimated at
$13 billion. U.S. investment is concentrated in financial services, agribusiness, energy,
petrochemicals, food processing, household products, and motor vehicle manufacturing.
Many U.S. firms substantially wrote down the value of their Argentine investments in
response to the devaluation and pesification of previously dollar-denominated contracts.
Argentine firms increasingly invested abroad during the 1990s (particularly in Brazil,
Paraguay and Uruguay), although the country has remained a net recipient of foreign
direct investment. In 2006, according to UNCTAD, its outward FDI amounted to $2.0
billion.
The Argentine Ministry of Economy (http://www.mecon.gov.ar) and the Investor's
Information Service for Argentina (http://www.infoarg.org) have additional detailed
information on foreign direct investment in Argentina.
Web Resources Return to top
Ministry of Economy (http://www.mecon.gov.ar/default_english.htm)
Central Bank (http://www.bcra.gov.ar/hm000000_i.asp): National self-governed
institution, whose primary and fundamental mission is to preserve the value of the
Argentine currency. It formulates and implements the monetary and financial policy and
is officially not subject to the orders, guidelines or instructions of the National Executive
branch of government.
National Institute of Statistics and Censuses (http://www.indec.gov.ar/indec/ingles.asp)
(INDEC): Technical government agency responsible for the coordination and supervision
of all public statistical activities taking place in the Argentine territory.
Federal Public Revenue Administration (http://www.afip.gov.ar/) (AFIP): National tax
collection agency that executes the tax and customs policies set by the National
Executive Branch.
Infoleg (www.infoleg.gov.ar): Documentation and Information Center, Ministry of
Economy: Database of Argentine regulations.
Center of International Economy, Ministry of Foreign Relations, International Trade and
Worship (http://www.cei.gov.ar/html/english.htm): Provides economic a trade reports,
and regional and international statistics.
Ministry of Federal Planning, Public Investment and Services (www.minplan.gov.ar)
Ministry of Labor, Employment, and Social Security (www.trabajo.gov.ar)
3/4/2008