Connect with us

Hi, what are you looking for?

Stock

Argentina to reform anti-dumping system to boost competition

(Reuters) – Argentina will roll out changes to the country’s anti-dumping system in an effort to promote greater competition and bring down prices, Economy Minister Luis Caputo said on social media on Wednesday.

The changes include reducing the maximum duration of anti-dumping duties from five years, with unlimited renewals, to three years with a single two-year extension, Caputo said.

According to the official, Argentina’s current provisions for anti-dumping duties, intended to prevent unfair competition between imported and domestic goods, have increased consumer prices and industrial costs.

The changes, which will be published in the government’s official bulletin on Thursday, will also include shortening investigation timelines to eight months and streamlining procedures.

Libertarian President Javier Milei has made shrinking the state’s role in the economy a key part of his agenda to pull Argentina out of economic crisis and bring down sky-high inflation.

“With this reform, competition is encouraged, the original function of anti-dumping duties is restored and a more transparent and balanced foreign trade is sought,” Caputo said.

This post appeared first on investing.com

    You May Also Like

    Latest News

    A group of more than 60 former Democratic and Republican attorneys general sent a new letter to Senate leaders Thursday urging the confirmation of...

    Stock

    Investing.com — RBC Capital Markets in a note dated Thursday has downgraded Swatch Group (SIX:UHR) to an “underperform” rating, citing structural and cyclical challenges...

    Stock

    By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately...

    Stock

    Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in...



    Disclaimer: Techreportdiversity.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Techreportdiversity.com