Doing Business In Argentina

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succeed in the Argentine market, visit www.comerciousa.org/argentina_editable/- Jcoronado/safety_security_eq/safety_security_eq_main.asp. 3/4/2008
Travel and Tourism Services Overview Return to top 3/4/2008 Year Total Passengers # Average expenditure per passenger 2000 533,936 US$ 1,600 2001 443,134 US$ 1,600 2002 164,658 US$ 1000 2003 150,719 US$ 1000 2004 169,219 US$ 1000 2005 188,865 US$ 1000 2006 212,096 US$ 1000 Exchange Rate 1USD=3 Argentine Pesos. Sources: The above statistics are unofficial estimates, based on industry sources. The Argentine economy has recovered significantly in the past five years and with it the demand for travel, which has grown on average 12% annually for the past three years. The industry is expected to continue to grow at a similar rate in 2007. Although tourism to the United States fell 60 percent in 2002, the market is growing rapidly and Argentine travelers spend US $1,000 (excluding air tickets), which is twice that of the average European tourist for an average ten-day visit. In addition, the approval rate for visas for Argentines traveling to the United States is approximately 90%, one of the highest rates in the Western Hemisphere. Historically, Argentines have traveled often to the United States. Argentine tourism in the United States increased 124% from 1992-1999, placing Argentina within the top ten travel markets for U.S. tourism. During their visits to the United States, Argentines spent $1,600 per traveler, excluding air tickets. Traveling is part of the Argentine lifestyle, and Argentines look for value “high-end” vacations, regardless of destination. The total amount of passengers to the United States grew immensely in 2007. The US Department of Commerce’s statistics are very promising: Year 2007 Count Change 2006 First Quarter 64,983 25.8 % Second Quarter 63,683 21.7 % Third Quarter 77,246 35.9 % Year-to- date 205,912 27.0 % Sources: U.S. Travel Industry Association and U.S. Department of Commerce
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Doing Business in Argentina: 2008 C
Page 3 and 4: 3/4/2008 Argentina’s banking syst
Page 5 and 6: 3/4/2008 The zero percent import du
Page 7 and 8: Return to table of contents Chapter
Page 9 and 10: Policy Short-term Short/Medium Term
Page 11 and 12: meetings. The service includes at l
Page 13 and 14: approximately 87 percent of the tot
Page 15 and 16: more limited and delivery is a grow
Page 17 and 18: Goods: Preference will be given to
Page 19 and 20: material, input, or material needed
Page 21 and 22: terminals at international airports
Page 23 and 24: As in many countries, personal rela
Page 25 and 26: "Clarin", "La Nacion", and "Ambito
Page 27 and 28: Av. de Mayo 605, Piso 3 C1084AAB Bu
Page 29 and 30: Business Facilitation Service: CS A
Page 31 and 32: organizations, both Argentine or U.
Page 33 and 34: available in Chapter 9: Contacts, M
Page 35 and 36: Agricultural Machinery, Equipment a
Page 37 and 38: Electric Power Systems Overview Ret
Page 39 and 40: Food Processing and Packaging Equip
Page 41 and 42: Information Technology Overview Ret
Page 43 and 44: Other market conditions will foster
Page 45 and 46: market. The market has been growing
Page 47 and 48: Mining Sector Specialist at the U.S
Page 49 and 50: significantly smaller than in the U
Page 51 and 52: A gradual recovery has taken place
Page 53: Best sales prospects for U.S. elect
Page 57 and 58: Telecommunications Equipment and Se
Page 59 and 60: Agricultural Sectors Return to top
Page 61 and 62: Food Ingredients Overview Return to
Page 63 and 64: Pioneer Argentina: www.pioneer.com/
Page 65 and 66: Average Tariff Rates by Type of Pro
Page 67 and 68: In 2006, there was a significant in
Page 69 and 70: 3/4/2008 Certain imported goods for
Page 71 and 72: Please note that VAT and Profits Ta
Page 73 and 74: 3/4/2008 Goods covered by Decree 73
Page 75 and 76: A fax of the commercial invoice may
Page 77 and 78: you through this process. You may a
Page 79 and 80: violate export control laws is foun
Page 81 and 82: Initial period: 1 year Extension: 1
Page 83 and 84: Article 6: - Importers, manufacture
Page 85 and 86: emanufactured) and certified by a "
Page 87 and 88: 3/4/2008 Normalizacion) --composed
Page 89 and 90: 3/4/2008 continuing shortage of ind
Page 91 and 92: 3/4/2008 Record No. S01:0116093/200
Page 93 and 94: 3/4/2008 Internet: www.anmat.gov.ar
Page 95 and 96: subject to the orders, guidelines o
Page 97 and 98: In January 2002, the government end
Page 99 and 100: The GOA has established a number of
Page 101 and 102: legality of this pesification decre
Page 103 and 104: deterrent penalties such as prison
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Law 17811 of 1968 regulates public
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A recent ACO investigation of GOA p
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Foreign-Trade Zones/Free Ports Retu
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Argentine Parliament (www.diputados
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Registry of Foreign Investments. Fo
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Local bankers report that the major
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The International Bank for Reconstr
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total project costs for new venture
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Return to table of contents Chapter
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C1104AC) Buenos Aires, Argentina Ph
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Buenos Aires has a large number of
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Travelers should note that since Ar
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Internet: www.buyusa.gov/argentina/
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U.S. Department of Commerce Trade I
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(Argentine Chamber of Importers) Mr
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(Ministry of Federal Planning, Publ
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C1020AC Buenos Aires Switchboard: (
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25 de Mayo 487, primer piso C1002AB
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C1036AAJ Buenos Aires Phone: (54-11
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Fax: (54-11) 4312-7184 E-mail: mdem
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E-mail: fargosi@fibertel.com.ar BAS
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Bolivar 332, Piso 6 C1088AAH Buenos
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Mr. Klaus Bertram, President 25 de
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EXOLGAN TERMINAL PORTUARIA S.A. Mr.
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C1006ACI Buenos Aires Phone: (54-11
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Fax: (54-11) 4131-3900 E-mail: info
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www.starwoodhotels.com/sheraton/pro
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