Provisional Application of European Union and Mercosur Trade Agreement Drives Immediate Rebound in Argentine Agro-Industrial Exports
With the interim commercial framework of the European Union and Mercosur trade agreement now active for ratifying members, agricultural processing hubs in the Argentine provinces of Santa Fe and Córdoba are reporting immediate tariff relief and increased shipping volumes to European ports. This expansion in export activity is providing a critical injection of hard currency into the formal banking system of Argentina.