AmCham, a chamber of commerce that brings together American companies in Argentina; He praised the trade agreement signed between Argentina and the United States, stressing that it is an advance that promotes predictability and competitiveness.
The chamber stated in a statement: “AmCham Argentina congratulates the announcement of the Framework Agreement on Mutual Trade and Investment between the United States and Argentina. Strong signals of mutual trust and a common strategic vision for greater openness and integration with Western economies.”.
Furthermore, in an increasingly fragmented, competitive and uncertain global landscape, The move shows that Argentina “has the necessary conditions to once again play a leading role in international trade.””.
Ancham also emphasized that the United States is the world’s leading economy and largest importer. “In this scenario, New agreement puts Argentina in an advantageous positionEspecially in the face of the changes that global trade is undergoing,” he said in the aforementioned statement.
Similarly, he argued that Announced agreement opens door to strengthening bilateral incentive channels to facilitate foreign tradefacilitate exchanges and enhance access to key markets such as the United States. “The potential elimination of tariff and sub-tariff barriers will increase the competitiveness of Argentina’s export sector and accelerate its internationalization, making the country an attractive destination for new investments, especially in strategic sectors,” he stressed.
The enumeration of benefits brought by the agreement did not end there, as AmCham pointed out that: This framework is consistent with the global reconfiguration of value chains and the growing demand for alternative suppliers, in line with the US-driven nearshoring and friend-shoring trends.. “Argentina’s relative competitiveness, combined with its sectoral advantages, creates concrete opportunities to integrate into these new trade and investment flows,” he concluded.
In another paragraph of its statement, the chamber called for the continuation of commercial agreements of this type. “In this scenario, from AmCham We emphasize the relevance of promoting agreements that enhance predictability, cooperation and trust between countries.. “Such measures will not only create more favorable conditions for production, add value to the existing chain and create real jobs, but will also contribute to significantly reducing costs for Argentine consumers and thereby boosting the growth of the economy,” he stressed.
Finally, he expressed his support for growing the local economy. “AmCham Argentina aims to attract investment, modernize its production structure, We will take advantage of the opportunities presented by this new world economic map and contribute to the sustainable development of our countries and the strengthening of bilateral ties.”
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