On May 16, 2011, the Government of Argentina adopted reference prices applicable to the importation of certain woven fabrics of acrylic or modacrylic staple fibers from China, Malaysia, and other Asian countries. The product subject to this measure is classified under the following tariff line of MERCOSUR's Harmonized System: 5515.21.00.
 
These reference prices entered into force on May 16, 2011.
 
Argentina introduced reference values of precautionary nature forimported goods in June2005(inSpanish:valorescriteriodecarácterpreventivo).Thestatedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesforthedifferenceindutiesandtaxesifthedeclaredpriceofanimport islowerthanitsreferenceprice(see 7th GTA Report and 2014 National Trade Estimate Report).A list with all current import reference prices can be consulted under:www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf