IMPLEMENTATION LEVEL

Subnational

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: 16 Sep 2015 | Removal date: open ended
Still in force

State loan

On 16 September 2014, the authorities of Medoza (Argentina) took the decision to increase the amounts of the credit lines for the agriculture of the following three specific products namely alfalfa, potato seeds and combustibles for frosts (fuel frosts). 
 
With regards to alfalfa, the maximum financing per hectare per one single applicant increased from 5,000 Argentinian pesos (approximately USD 500) to 8,500 Argentinian pesos (approximately USD 935). Therefore, increasing the maximal sum of financing from 300, 000 Argentinian pesos (approximately 33,000 USD) to 500,000 Argentinian pesos (approximately USD 55,000). 
 
For potato seeds the maximum financing per hectare per one single applicant, increased from 30,000 Argentinian pesos (approximately 3,300 USD) to 40,000Argentinian pesos (approximately 4,400 USD). Furthermore, the maximum number of hectares to be financed for this specific product, was announced to be 10.
 
For combustibles for frosts (fuel frosts) the maximal financing amount was established to be 300,000 Argentinian Pesos (approximately USD 33,000).
 
Mendoza is the second largest vegetable production region in Argentina. In the context of potatoes, Mendoza is one of the few Argentinian regions that has a protected area for the production of certified potato seeds in the department of Malargüe.
 
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.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

012 Vegetables
1209 Seeds, fruit and spores, of a kind used for sowing.
120991 Vegetable seeds
019 Forage; natural rubber; living plants; raw vegetable materials
1209 Seeds, fruit and spores, of a kind used for sowing.
120921 Lucerne (alfalfa) seeds
120923 Fescue seeds
120925 Rye grass (Lolium multiflorum Lam., Lolium perenne L.) seeds
120999 Other

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