The government postponed free trade with Mexico until 2022 at the request of local manufacturers

The government of the nation has managed to postpone the free trade of cars with Mexico after a tough management of the Ministry of Production in Aztec lands. At least until March 2022, the quota system will be maintained without a tariff for the exchange of units.

Under the terms of the agreement signed with ACE 55 several years ago, auto trade was to begin yesterday, March 19th. However, the local terminals have asked the executive for an extension, because such a system with Mexico, a country more competitive on the industrial level, would have been a serious problem for some manufacturers and auto parts.

Local automakers wanted the new deal to come from the current $ 637.5 million quota, without taxes. In 2019, the two countries the vehicles without tariffs can be sold for 701 million dollars10% more. In 2020, by 737 (+ 5%). And in 2021, for 774 (+ 5%).

Foreign Trade Secretary Marisa Bircher said in an official statement that "the Argentine government expects that, as a result of this negotiation, the basis for an ambitious renegotiation of ACE 6 has been established, which equates the conditions of market access for Argentine products with high export potential to Mexico and those already enjoyed by Argentina's imports into Argentina. "

The news was received in the national auto industry as a breath of fresh air at a delicate time, with Operator suspensions, investment losses and plant closures. Due to the decline in car demand of 0 km (50% in the first two months), production decreased by 22.1% between January and February.

Today, Argentina exports to Mexico models such as Ford Ranger, Mercedes-Benz Sprinter and Volkswagen Amarok, while the Volkswagen Golf and Vento, the Ram 1500 and 2500, as well as the Nissan Sentra and Note, among other vehicles, come from the country of North America.