offers awide variety of products that can be purchased at competitive prices to satisfy international requirements.
These include commodity products ranging from cereals and beef, to petrochemicals and basic
steel to such specialized composite products as the engineering and installation of
hydroelectric turbines and offshore platforms. Although it cannot match the sophistication
of some European, North American, and developed Asian industries, Argentina's technological
capabilities are more developed that those found in mostother Latin American countries.
With the establishment of free market policies,
Argentine businesses operate in an open , competitive environment comparable to that found
in other market economies, and survival underthese conditions serves to ensure that the
goods produced meet international standards and cost considerations. The Argentine
government has been waginga campaign to encourage more exports
from its country.It has opened up its markets to international competition and has
decreased the export barriers that had affected its domestic companies.
The Ministry of Foreign Affairs has been working to make sure Argentine
exports are open to the world's principal markets, and has sponsored the
creation of the Fundación Exportar to work toward this end. The
dirección Genenral Impositiva (taxauthority) has issued resolutions
facilitating exports through trading companies.
In fact, exports have been increasing significantly: two percent in 1992,
7 percent in 1993, 21 percent in 1994,32 percent in 1995, and 14 percent
Argentina's primary customers are Brazil, the US, and Chile.
It has maintained historical trading ties with many countries of
the European Union (EU) and it is beginning to establish stronger trade
relationships with the other countries in Latin America as well as thosein Asia.