AmCham, the chamber that brings together American companies in Argentina, They celebrated the trade agreement signed between Argentina and the United States and stressed that it is progress that enhances predictability and competitiveness.
The Chamber expressed in a statement: “From the American Chamber of Commerce in Argentina, we celebrate the announcement of the Framework Agreement for Reciprocal Trade and Investment between the United States and Argentina. It is a strong signal of mutual trust and a shared strategic vision towards greater openness and integration with Western economies“.
Furthermore, he analyzed that in an increasingly fragmented, competitive and uncertain global context, This move demonstrates that Argentina “possesses the necessary conditions to once again occupy a leading role in international trade.”“.
AnCham also highlighted that the United States is the major economy and largest importer in the world. “In this scenario, The new agreement puts Argentina in a favorable positionHe said in the aforementioned statement: “Especially in light of the changes that global trade is going through.”
He also insisted on it The announced agreement opens the door to strengthening a bilateral channel of incentives that would enhance foreign tradeFacilitating exchange and enhancing access to key markets such as the United States. “The potential elimination of tariff and quasi-tariff barriers will improve the competitiveness of the Argentine export sector, enhance its internationalization and position the country as an attractive destination for new investments, especially in strategic sectors,” he stressed.
The enumeration of the benefits that this agreement will bring does not end there, as the American Chamber of Commerce pointed out This framework is consistent with the global reconfiguration of value chains and growing demand for alternative suppliers, in line with the offshoring and friendliness trends promoted by the United States.. “Argentina’s relative competitiveness, combined with its sectoral advantages, creates a tangible opportunity to integrate into these new trade and investment flows,” he concluded.
In another paragraph of its statement, the Chamber urged the continuation of this type of trade agreements. “In this scenario, from the US Chamber of Commerce We highlight the importance of strengthening agreements that enhance predictability, cooperation and trust between countries. He stressed that such tools contribute not only to creating more favorable conditions for production, adding value to already existing chains and generating real employment opportunities, but also to significantly reducing costs for the Argentine consumer, thus promoting the growth of our economy.
Finally, he made clear his support for the growth of the local economy. “The American Chamber of Commerce in Argentina reaffirms its commitment to continue to accompany and facilitate all efforts aimed at attracting investments and modernizing the production and employment structure. And benefit from the opportunities offered by this new global economic map, and contribute to the sustainable development of the country and strengthen bilateral ties.
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