IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 26 Oct 2011 | Removal date: open ended
Still in force

Repatriation & surrender requirements

On October 25, 2011, the Argentine president issued Decree no. 1722/2011, which stated the obligation for all mining and oil and gas companies to repatriate their foreign earnings. In other words, all export revenues must be converted to Argentine pesos using the local foreign exchange market. Export revenues can thus notbe directly reinvested abroad.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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