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: 07 Jan 2016 | Removal date: open ended
Still in force

State loan

On 7 January 2016, the Ministry of Agroindustry alongside the Argentine Banca de la Nacion, announced their decision to introduce a financial state aid of 800 million pesos (USD 53,595,552) over the course of the year, for producers of pears and apples from the region of Rio Negro and Nequen. This state aid is primarily designated to be in the form of loans that allow producers of pears and apples to finance:fixed investments, working capital and other costs related with their advancement/evolution. The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries. Due to unavailability of 2015 data in the UN Comtrade database the trading partners were selected based on the trade flows of 2014.

AFFECTED COUNTRIES

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