Doing Business In Argentina

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Colombia, Ecuador, Peru, and Venezuela* joined the pact as associate members. By 1995, about 75 percent of tariff categories were included in the Common External Tariff (CET) and the remaining categories will be phased-in by 2015. MERCOSUR represents 70 percent of the South American territory and 64 percent of its population. The Internet address is as follows: www.mercosur.int. *MERCOSUR-Venezuela In July 2006, MERCOSUR members accepted Venezuela’s request to become a MERCOSUR full member. Venezuela must adapt to MERCOSUR Common External Tariff scheme within a four-year timeframe, and will gradually lose its benefits from being part of the Andean Community of Nations. Final acceptance is still pending ratification by the Brazilian and Paraguayan legislatures. MERCOSUR negotiations with other economic blocs and countries: MERCOSUR-European Union The two blocs had made the commitment of reaching an agreement in the process of integration by October 2004, but several differences between the blocs impeded final negotiations. These are broad and include goods, services, investments, government procurement, and intellectual property rights, among other issues. MERCOSUR-Andean Community of Nations (Bolivia, Colombia, Ecuador, Peru, and Venezuela) The agreement took place in October 2004 and contemplates the liberalization of 80 percent of trade between the blocs within the next ten years, beginning in 2005. MERCOSUR-Mexico In July 2004, Mexico was accepted by MERCOSUR as an “observer country” within the bloc, toward its inclusion as associate member. For additional information on trade regulations, customs and standards, visit the U.S. Commercial Service in Buenos Aires (CSBA) web site at http://www.buyusa.gov/argentina/en or contact CSBA at Buenos.Aires.Office.Box@mail.doc.gov. Web Resources Return to top Ministry of Economy: www.mecon.gov.ar Ministry of Foreing Affairs, International Trade and Worship: www.mrecic.gov.ar Central Bank: http://www.bcra.gov.ar/. 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 3/4/2008
subject to the orders, guidelines or instructions of the National Executive branch of government. National Comission of Foreign Trade (Comision Nacional de Comercio Exterior): www.mecon.gov.ar/cnce. National Bureau under the Secretary of Industry, Commerce and Small and Medium Enterprises (www.indcompyme.gov.ar). Applies legislation international trade-related and as a research and information center for international trade y trade policy. National Institute of Statistics and Censuses (INDEC): www.indec.gov.ar/indec/ingles.asp. Technical government agency responsible for the coordination and supervision of all public statistical activities taking place in the Argentine territory. Administracion Nacional de Medicamentos, Alimentos y Tecnologia Medica (ANMAT): www.anmat.gov.ar. Equivalent of the USFDA, the regulatory body of the Ministry of Health. It provides additional information to the general rules for a specific product. Federal Public Revenue Administration, (AFIP): www.afip.gov.ar. National tax collection agency that executes the tax and customs policies set by the National Executive Branch. Association for Latin American Integration, (ALADI): www.aladi.org Common Market of the South, (MERCOSUR): www.mercosur.int Return to table of contents 3/4/2008
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Doing Business in Argentina: 2008 C
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3/4/2008 Argentina’s banking syst
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3/4/2008 The zero percent import du
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Policy Short-term Short/Medium Term
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meetings. The service includes at l
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approximately 87 percent of the tot
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more limited and delivery is a grow
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Goods: Preference will be given to
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material, input, or material needed
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terminals at international airports
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As in many countries, personal rela
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"Clarin", "La Nacion", and "Ambito
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Av. de Mayo 605, Piso 3 C1084AAB Bu
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Business Facilitation Service: CS A
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organizations, both Argentine or U.
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available in Chapter 9: Contacts, M
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Agricultural Machinery, Equipment a
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Electric Power Systems Overview Ret
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Food Processing and Packaging Equip
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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 and 56: Travel and Tourism Services Overvie
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: 3/4/2008 Internet: www.anmat.gov.ar
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
Page 107 and 108: A recent ACO investigation of GOA p
Page 109 and 110: Foreign-Trade Zones/Free Ports Retu
Page 111 and 112: Argentine Parliament (www.diputados
Page 113 and 114: Registry of Foreign Investments. Fo
Page 115 and 116: Local bankers report that the major
Page 117 and 118: The International Bank for Reconstr
Page 119 and 120: total project costs for new venture
Page 121 and 122: Return to table of contents Chapter
Page 123 and 124: C1104AC) Buenos Aires, Argentina Ph
Page 125 and 126: Buenos Aires has a large number of
Page 127 and 128: Travelers should note that since Ar
Page 129 and 130: Internet: www.buyusa.gov/argentina/
Page 131 and 132: U.S. Department of Commerce Trade I
Page 133 and 134: (Argentine Chamber of Importers) Mr
Page 135 and 136: (Ministry of Federal Planning, Publ
Page 137 and 138: C1020AC Buenos Aires Switchboard: (
Page 139 and 140: 25 de Mayo 487, primer piso C1002AB
Page 141 and 142: C1036AAJ Buenos Aires Phone: (54-11
Page 143 and 144: 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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