ANNOUNCEMENT 21 Apr 2015In April 2015, the government of Argentina announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
MAGyP (2015) Ministerios de Agricultura y Ciencia crear?n un fondo de 150 MM de pesos para productos agrobiotecnol?gicos.http://www.minagri.gob.ar/site/institucional/prensa/index.php?edit_accion=noticia&id_info=150422174533
On 21 April 2015, the government of Argentina announced the establishment of a new fund whose scope is to finance the regulatory costs related with agro-biotechnology products. The amount dedicated by the government is 150 million Argentinian Pesos (USD 15,937,867.50).
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.