Ricardo Echegaray: “Building a transparent trade with China is difficult”
March 6, 2013
AFIP head Ricardo Echegaray predicted that “next year will be effective information exchange agreement between Argentina and China Customs”, although he admitted that “building a transparent trade between the two countries is difficult.”
“Last January we closed the negotiations with the Chinese authorities and at some point, to be defined at the political level, a formal agreement will be signed, that takes effect next year.”
He put it this way in a breakfast meeting organized by the Argentina Chamber of Commerce-China, headed by businessman Carlos Spadone.
Echegaray said that “the business relationship between the two nations is widely deficit for Argentina: only in the first two months of 2013, the Red reached 1,550 million dollars.”
“2007 was the last year we achieved a surplus in the trade balance: was 236 million dollars. From there, every year there was deficit.”