president Javier Millay highlighted this Friday A trade agreement was signed with the United States and emphasized its benefits. The President assured that the agreement will improve competitiveness and encourage investment. “It makes us more efficient and it makes us richer.” The president emphasized the importance of advancing labor reform and dug into this.
“There are two aspects to this agreement. One is to deepen business relationships. The other is, taking into account the decapitalization of the Argentine economy over the past 100 years, Advancement in Investment” Millay specified, referring to the agreement announced yesterday.
“So it not only creates a competitive environment through the commercial part, but also opens the door for strong growth with foreign direct investment,” he later emphasized in an interaction with the streaming channel. Noila.
“This is the first step in continuing to move towards a more commercial opening. In fact, it means higher salaries, so it makes us more efficient, more productive and more affluent,” Millais stressed. Similarly, the President asserted that the agreement will lead to increased employment in the region.
“Mining has the potential to create 1 million jobs and $100 billion worth of projects. This will create strong job demand and a reconfiguration of salaries. That’s why workforce modernization is so important,” he said.
Amid hopes for a second generation of reforms from the government, the president refused to define monotax abolition as part of a labor modernization project.
“In recent weeks, much has been said about the modernization of labor, what has been done, what has not been done, what has been discussed and what has not been done. This project was created by the ministries of economy, state deregulation and human capital. Wednesday’s cabinet meeting brought the project together for the first time, and it is now undergoing final preparations in the legal and technical secretariat,” Millais said.
Asked if the government was evaluating the idea of abolishing the monotax, he clarified: “The team is working on it, and we are dealing with tax reform and how it relates to the reforms that will take place and the modernization of labor. Just to allay some fears and not fall for the lies.”
Yesterday, the President celebrated the new trade and investment agreement between Argentina and the United States during a presentation at a regional economic conference hosted by the Club de la Libertad Foundation.
“I’m sure you all don’t know yet that this great news has come out. Today, a bilateral trade agreement with the United States was just signed. As you can see, we are strongly committed to making Argentina great again,” Milay emphasized seconds before yesterday’s speech.
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