ANNOUNCEMENT 12 Feb 2015

In February 2015, the government of Argentina announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Precidencia de la Nacion (2015) "El Gobierno Nacional y las provincias de R?o Negro y Neuqu?n constituyen un fondo para productores de peras y manzanas". http://www.minagri.gob.ar/site/institucional/prensa/index.php?edit_accion=noticia&id_info=150212194156


Inception date: 12 Feb 2015 | Removal date: open ended

Production subsidy

On 12 February 2015, Argentinian government officials announced the implementation of two specific incentive measures designated to the producers of pears and apples of the Rio Negro and Neuquen region. 

  1. The first incentive measure takes the form of non-repayable contributions to the harvesting cost for apples and pears worth at least USD 11,222,780 and capped at USD 33,676,845. 
  2. The second measure is a credit line open to the producers of apples and pears with a subsidized interest rate of 6 percent and a total volume of USD 33,676,845.

 
Furthermore, it was also announced that the Ministry of Agriculture, Livestock and Fishery alongside the regional authorities will initiate meetings with a wide range of authorities in order to work on further policies that advance the farming of apples and pears e.g. policies revolving around structural issues, diversification, restructuring, diversification, health issues, promotion of consumption, opening new markets etc.
 
In principle, apples and pears are tradeable products and these measures could affect the conditions of competition in which these produce is sold.
 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A