Finished Davos, the instance in which the government sought to dispel doubts about the economy

At the closing of the World Economic Forum held in the Swiss city of Davos, the Argentine government signed a joint declaration aimed at facilitating Internet commerce. The Argentine delegation closed its participation in the meeting Annually, after meeting investors to dispel their doubts about the economic program and the political future of the country and with the director of the IMF, Christine Lagarde.

Throughout last week in Davos, Finance Minister Nicolás Dujovne and Central Bank President Guido Sandleris, who led the national delegation, met with executives from major companies around the world in various fields. One of the themes repeated at these meetings was: the future of the Argentine economy and the political uncertainty for this year's presidential elections.

On this issue, the International Monetary Fund recently stated that there is "considerable risk" to the economy if elections determine a change of political sign in the executive with a defeat of Cambiemos.

In one of his public interventions, the finance minister said that after the heavy devaluation of the peso and the new agreement with the IMF, the government has "accelerated" the reforms I was looking to play more gradually. "Because of this acceleration of reforms, we are witnessing the stabilization of the economy," he said.

For its part, Guido Sandleris said that the process of disinflation would be long. "A good part of the imbalances corrected by our economy and aimed at reducing inflation is the big challenge waiting for the central bank but it will not be the task of a single year"

The director of the Treasury met with the leaders of the North American communications giant AT & T, owner among other companies DirecTV. Dujovne also had talks with AT & T's president for Latin America, Lori Lee, and vice president, Karim Lesina, of the company that also owns CNN, HBO and Warner Bros., among other telecommunications companies.

The minister also met Andre Esteves, CEO of Brazilian investment bank BTG Pactual, and the mayor of the Brazilian city of São Paulo, Joao Doria. The summit's agenda prompted Dujovne to meet on Wednesday with Coca-Cola's President James Quincey, who will push forward the company's investment plan in the country, as well as Michael Punke, president. from Amazon Global. Services.

The document signed before the forum clause ensures the continuity of the so-called Buenos Aires Initiative on e-commerce, launched at the World Trade Organization (WTO) Ministerial Conference which was held in November. December 2017 in the Argentine capital.

In total, some 76 countries have ratified the intention to begins negotiations on electronic commerce at the WTO in order to obtain the best possible results within the framework of the regulations in force during meetings "on the sidelines" of the traditional meeting.

He also recalled that "in 2016, according to the WTO, electronic transactions totaled $ 27.8 billion, whose business-to-business trade amounted to 23.9 billion.