Doing Business In Argentina

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The top destinations visited by Argentines are the State of Florida, the City of New York, Boston, the State of California, Chicago, Washington DC, Atlanta and Las Vegas. Best Products/Services Return to top A segment in the travel and tourism industry showing consistent growth is business travel. Many Argentines are visiting trade shows and exhibitions in almost all industry sectors. Opportunities Return to top The launching of a new flight in December 2007 that opened a gateway to Chicago, in addition to existing flights to Atlanta, Dallas, Houston, Miami, New York and Washington D.C., has been a key factor in increasing Argentine tourism to the United States. Flights to all U.S. gateways are generally full and booked well in advance. Resources Return to top For additional information on this industry such as trade events, useful links, and the products and services that the U.S. Commercial Service can provide to help you succeed in the Argentine market, visit www.comerciousa.org/argentina_Editable/dbrandon/travel_tourism/travel_tourism_main.asp. 3/4/2008
Telecommunications Equipment and Services Overview Return to top 2005 2006 2007 (estimated) Total Imports 1,630 1,756 1,956 Total Local Production 80 82 87 Total Exports 41 46 50 Total Market Revenues 1,669 1,792 2,190 Imports from the U.S. 72 66 66 Exchange Rates 3.1 3.1 3.1 Millions of USD. Exchange Rate 1USD=3 Argentine Pesos. Sources: The above statistics are unofficial estimates, based on Argentine Customs data (Nosis). The Argentine telecommunications sector has shown significant investments and growth since 2004. The sector as a whole grew 20% in 2006 and 22.5% in 2007. Total sector revenues, including equipment and services, reached approximately US$ 7.5 billion in 2007. The market is expected to continue growing by 20% in 2008 and 19% in 2009. The highlight of 2007 was the launching of 2.5G services by cellular operators. Statistics from December 2007 show a 22% telephone line penetration rate (9 million telephone lines installed); 36 million cellular subscribers (85% penetration --projections for 2008 are for a 20% increase) and 16 million Internet users (42% penetration). Argentina has the highest cable TV penetration in Latin America -- 70 percent in the Buenos Aires Metropolitan Area and 45 percent nationwide. According to Prince & Cooke, Internet access services as a whole (broadband, dial-up, and free Internet access) represented 40% of the growth from 2006-07. Broadband access increased 100% in 2006 and 95% in 2007, reaching 2.8 million users – growth projections estimate an additional 80-100% in 2008. The cellular market followed with a 42% increase in number of subscribers (approximately 60% of users are pre-paid). International voice traffic increased by 20%, while local phone calls increased by 6%. Telecom equipment/infrastructure increased 12% in 2007 reaching $1.9 billion and accounted for approximately 20% of total sector revenues. An investment increase of 20% is expected for 2008, mainly in 3G services for the GSM network. Best Products/Services Return to top Best prospects for 2008/9 are broadband Internet access; broadband wireless access networks (including point-to-point, point-to-multipoint, Wi-fi, Wireless LANs and Wi-Max), cellular services, data transmission, SMS (short messaging services), broadband and multimedia applications for cellular services, cellular phones, IP Phones, VoIP networks, VPNs and IP VPNs., NGN and internet and network security products. 3/4/2008
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Doing Business in Argentina: 2008 C
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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 and 54: Best sales prospects for U.S. elect
Page 55: Travel and Tourism Services Overvie
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
Page 105 and 106: 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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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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