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: 10 Jul 2016 | Removal date: open ended
Still in force

Local sourcing

On 10 July 2016, the President of the Republic of Argentina along the national Minister of Agroindustry, announced in a press release the signing of an Agreement for Trade and Scientific Cooperation between Coca Cola and INTA (National Agricultural Technology Institute).
 
This Agreement will lead towards Coca Cola tripling the amount of orange juice it purchases from national suppliers and, thus, boost the economic activities of entities operating in the province of Entre Rios. Specifically, through the signing of this Agreement Coca Cola commits to by the year 2025 enhance the amount of orange juice it purchases from Argentine suppliers from 6.000 liters to 18.000 liters. 
 
In addition, the press release also notified the signing of a second agreement for the development of research projects for oranges destined for the industry of beverages. The press release, also stated that Coca Cola, in addition to orange juice concentrate, also will buy from local producers juices of lemons, grapefruit, apples, grapes, pears and peaches from the regions of NEA, NOA, Alto Valle and Cuyo -although in the context of this agreement no purchase quantities were specified. In the previous fiscal year, Coca Cola bought 42.000 tons of these products from Argentine Suppliers. Furthermore, 82%of these 42.000 tons were used toproduce different beverages in 21 countries part of theglobal system of the firm.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

214 Prepared & preserved fruits & nuts
2009 Fruit juices (including grape must) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter.
200911 Frozen
200929 Other
200949 Other

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