The United States announced a trade agreement with Argentina

united states of america Announcement as expected this Thursday afternoon Trade agreement with Argentina. He made this clear through a White House publication, in which he listed important points.

According to the statement, aspects such as tariffs, elimination of non-tariff barriers, standards and conformity assessment, intellectual property, agricultural market access, cooperation on labor, environment and economic security, business opportunities, state-owned enterprises and subsidies, and digital trade are covered.

Among other things, the agreement implies “priority access to the U.S. market for exports of goods, including certain pharmaceuticals, chemicals, machinery, information technology products, medical devices, automobiles, and a wide range of agricultural products.”

Additionally, Argentina Opening the market to “live American cattle” And it promises to “grant access to the market.” poultry within one year” and “agreed not to restrict market access for products using the particular name.” Cheese and meat.”

There are also important considerations for the pharmaceutical, automotive and natural resources industries, as well as Argentina’s commitment to avoid “industrial subsidies” that affect the terms of trade agreements.

“With the aim of strengthening and balancing our economic union, the United States and Argentina have agreed to a framework to deepen bilateral cooperation on trade and investment. The framework for the Mutual Trade and Investment Agreement (Agreement) aims to foster long-term growth, expand opportunity, and create a transparent, rules-based environment for trade and innovation,” the White House said, adding that details were still missing to finalize the text of the agreement.

Donald Trump’s government added: “This result reflects the ambitions and values ​​that our two countries share and builds on the steps Argentina has already taken to modernize its trade and investment regime and promote mutual conditions.”

The announcement came just the afternoon of a meeting in Washington between new Foreign Secretary Pablo Kirno and Secretary of State Marco Rubio. Mr. Kirno visited the site with his technical team and worked out the details of the contract.

Luis Caputo also addressed this issue during a visit to Washington in October. The economy minister announced on Monday that the deal was “ready” but that they would have to wait for the US to choose the right time to confirm it.

Mutual markets will open up for products deemed important. “Argentina will allow it.” Priority access to the US market “Exports of goods will be affected, including certain pharmaceuticals, chemicals, machinery, information technology products, medical equipment, motor vehicles, and a wide range of agricultural products,” the statement said.

“The United States will eliminate reciprocal tariffs on certain items.” Unavailable natural resources and unpatented items for pharmaceutical use“The White House added: “Similarly, countries have worked to improve the terms of bilateral and reciprocal access to beef markets.”

The White House is non-tariff barriers. “With this agreement, we have promised that U.S. exports to Argentina will no longer require consular formalities. Similarly, Argentina will phase out statistical taxes on U.S. products,” it added.

“Argentina will permit the import of U.S. products that comply with applicable U.S. or international standards, U.S. technical regulations, or U.S. or international conformity assessment procedures without additional conformity assessment requirements, and will continue to eliminate non-tariff barriers affecting trade in priority sectors,” the White House explained.

Specifically, the Trump administration is Vehicles made in the USA.

Argentina also committed to accepting a certificate and prior marketing authorization from the US Food and Drug Administration (FDA). Medical equipment and pharmaceuticals.

This is also one of the items the White House is emphasizing. The US government welcomed Argentina’s actions against “counterfeit goods” and “law enforcement against counterfeiting and piracy.” This was widely questioned when the United States imposed a 10% tariff on Argentine exports last April.

That was one of the important points for producers in both countries. Argentina opened its market american live cow Additionally, set a one-year deadline to do the same. poultry That country.

“Argentina will simplify the product registration process for U.S. beef, meat products, organ meats and pork products, and will not require facility registration for imports of U.S. dairy products,” he said.

“Argentina reaffirmed its commitment to the protection of internationally recognized labor rights. Forced labor or goods produced by forced labor and strengthen the enforcement of labor laws,” the statement said.

“Argentina is committed to taking steps to further combat illegal logging and promote a more resource-efficient economy. important minerals; and fully implement its obligations under the World Trade Organization (WTO) Agreement on Fishing Subsidies,” the White House said.

It is a call to “fight against other countries’ non-market policies and practices.” This includes a joint approach on export controls, investment security and tariff avoidance.

This cooperation is “to facilitate investment and trade in critical minerals.” and a joint effort to “stabilize global soybean trade.”

Another important aspect. It means to avoidDistortive behavior of state-owned enterprises“and”industrial subsidies “This may have an impact on bilateral trade relations.”

This is the last item. Argentina recognizes that the United States has “appropriate jurisdiction under Argentine law for cross-border transfers of data, including personal data, and does not discriminate against U.S. digital services and products.”