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ARGENTINA

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BRIEF OF THE ECONOMY POLICY IN THE LAST YEARS. ECONOMIC ... Fiscal solvency. Monetary prudence. Flexible exchange rates. Social inclusion. Export dynamism ... – PowerPoint PPT presentation

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Title: ARGENTINA


1
ARGENTINA
  • MINISTERY OF ECONOMY
  • NATIONAL BUREAU OF FOREIGN TRADE INTERNATIONAL
  • LIC. ALEJANDRA DI MARZIO
  • 2007 WORKSHOP ON WTO TRADE FACILITACION
  • August 15 August 28, 2007
  • TAIWAN
  • Sponsor MOFA
  • Organizer ICDF

2
BRIEF OF THE ECONOMY POLICY IN THE LAST YEARS
  • ECONOMIC ENVIROMENT
  • Deep recession 1998- 2002
  • Institutional framework at risk
  • Redesign of the economic model

3
2003 NEW CONSTITUTIONAL GOVERMMENT
  • Consolidation of the economic program
  • Fiscal solvency
  • Monetary prudence
  • Flexible exchange rates
  • Social inclusion
  • Export dynamism

4
RESULTS OF THE POLICIES AFTER NEARLY FOUR YEARS
OF IMPLEMENTATION
  • Strong economic growth 9 annual increase
  • Significantly reduce of
  • Rates of unemployment
  • Poverty and destitution
  • Recovery of private consumption
  • Revival of investment

5
TRADE POLICY
  • Trade policy based on WTO principles and
    disciplines
  • Efforts to expand Argentinas foreign trade on a
    sustainable basis
  • A combination of multilateral, regional and
    bilateral approaches
  • Its pay particular attention to the overall
    strategy of promoting and developing exports

6
TRADE POLICY
  • Trends in foreign trade 2002 2006
  • Significant impact on Argentinas foreign trade
  • Short term correction to Argentinas external
    trade imbalance
  • Medium term the trade surplus in a context of
    strong recovery and import growth
  • Exports growing at an average annual rate of 16
  • The liberalization coefficient has grown
    substantially since the crisis
  • Its self sustainable
  • Not dependent on external financing

7
TRADE POLICY
  • The Argentina legal system
  • As a result of the constitutional reform of 1994,
    international law is assigned a dominant position
    in the Argentina legal system
  • International Treaties
  • Domestic legislation

8
TRADE FACILITATION - WTO
  • WTO at the Singapore Ministerial Conference in
  • December 1996
  • The July 2004 package (WT/L/579)
  • The mandate for these negotiations is set out in
  • Annex D of that decision (Modalities for
  • Negotiations on Trade Facilitation).
  • DOHA Ministerial Declaration December 2005

9
TRADE FACILITATION - WTO
  • Improve and clarify articles V, VIII, and X of
    GATT 1994
  • Art. V Freedom of transit
  • Art. VIII Fees and Formalities connected with
    Importation and Exportation
  • Art. X Publication and Administration of Trade
    Regulations
  • TN/TF/W/43/Rev.12, of 25 July 2007
  • WTO negotiations on trade facilitation
    ,compilation of members' textual proposals

10
TRADE FACILITATION - WTO
  • Argentinas communications
  • TN/TF/W/40 June 2005
  • Improve and clarify article X of GATT 1994
  • TN/TF/W/41 June 2005
  • links between the elements of annex d
  • Single Windows

11
2007 WORKSHOP ON WTO TRADE FACILITACION August
15 August 28, 2007 TAIWAN Sponsor
MOFAOrganizer ICDF
  • THANKS FOR YOUR ATTENTION
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