S: ARGENTINA'S RESTRICTIONS ON IMPORTS
BC: Source: http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/503&
FC: Argentina's restrictions on Imports
1: Argentina’s import restrictions include a procedure to obtain an import licence.
2: Another requirement is that companies have to balance imports with exports. The European Union believes these measures are causing real damage to EU companies.
3: The measures include: | pre-registration and pre-approval of goods, called the "Declaración Jurada Anticipada de Importación". Since February 2012, this pre-approval requirement is applied to all imports.
4: -- Hundreds of goods also need an import license. Because of these procedures, imports are delayed or refused.
5: In early 2011, more than 600 product types were affected by this licence measure, such as electrical machinery, auto parts and chemical products.
6: Argentina requires importers to balance imports with exports, or to increase the local content of the products
7: they manufacture in Argentina. These measures delay or block goods at the border and affect industry in the EU and worldwide.
8: In early 2011, more than 600 product types were affected by this licence measure, such as electrical machinery, auto parts and chemical products.
9: - EU imports from Argentina primarily consist of agricultural products (food and live animals, 53%), chemicals (16%) and raw materials (14%),
10: while the EU mainly exports manufactured goods such as machinery and transport equipment, such as cars and car parts (50%) and chemicals (20%) to Argentina.
11: Argentina's restrictive measures are extending to more and more sectors.