Government negotiates greater exchange of cars and parts with Mexico, but seeks to prevent free trade

The government of the nation works during these hours increase the exchange of cars and vehicle parts with Mexicoand postpone free trade with that country to keep the quota system free of tariffs for four years.

In the Aztec country, Dante Sica, the country's Minister of Production and Labor, had a first meeting with the new Mexican government "to start working on guidelines that could strengthen trade relations between the two countries", he confessed during a dialogue with the Bloomberg channel.

Among the most attractive industries to expand the commercial relationship, Sica spoke of the automotive sector: "In this sector, we have a lot to gain. Although the characteristics of its production are more adapted to the American taste, there are products from Mexico which, in Argentina, are present. And at the same time, it is an excellent supplier of auto parts. "

Under the agreement signed with ACE 55 several years ago, March 19 should begin to govern free trade with Mexico. In this regard, the Minister stated: "We are willing to comply with all previous agreements what we have with the Mexican government. We will design a plan to increase the volume. "

On the one hand, in the interview with Bloomberg, Sica is committed to abide by the agreement. On the other hand, he suggested that The government's goal is not to achieve free trade but "to increase the volume", something very different from what is agreed.

In January, the middle group Bae Business reported that the executive had sent to its Mexican counterparts the order to terminate the agreement, motivated by the call of the local terminals. A free trade system with Mexico, a more industrially competitive country, could mean a serious problem for some manufacturers and auto parts.

"We agree that we need to give much more volume to the exchange, there is a lot to gain in both economies, we are very complementary economies," added Sica, while revealing that "in the coming months ", they will reach "a more global agreement that allows for a lot more exchange between the two countries", without reference at any time to free trade.

What the local builders want is for the new agreement to be implemented of the current tax-free quota of $ 637.5 million.

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, and the Nissan Sentra and Note, among other vehicles, come from the Central American country.