Débora Giorgi urged companies to replace supplies that come from the UK

Argentina, February 28, 2012

Debora Giorgi, Minister of Industry, spoke with owners and CEOs of 20 national and multinational companies that import products and supplies from the UK because they had increased the volume of purchases from the British country. She urged them to replace the origin of goods and choose other nations where to import the same goods. 

“The goal is to prevent the reduction of the surplus that Argentina still maintains with the UK and establish policies that favor business relations with the nations that respect the territorial integrity, sovereign claims and resources that belong to Argentina” said sources of the ministry.

Imports from the United Kingdom increased by 40% compared to those of January / November 2010 to January / November 2011. Imports in 2010 had added a total cost of $ 440 million while in 2011 this figure amounted to $ 614 million.

The favorable trade balance maintained with the United Kingdom fell by 60%, being U.S. $ 274 million in 2010 and U.S. $ 104 in 2011.

“It is essential that Argentina can determine its strategic partners and in that sense, the government also gives a signal to those who still use colonialism as a form of access to natural resources outside of their country” she concluded.