In an effort to support the agricultural sector, Argentina’s incoming president, Javier Milei, has promised to eliminate withholdings and intervene in the market. This move comes as his government is set to focus on shrinking the state and eliminating taxes, which will benefit the agricultural sector, which accounts for 70% of the country’s total exports.
To guide agricultural policies, Milei appointed Fernando Vilella, an academic and former dean of UBA, along with other professionals from the agricultural sector. Vilella presented a paper outlining the main policies needed for sustainable growth in agriculture based on a bioeconomy approach.
The Argentine Rural Society and Argentine Rural Confederations have expressed their support for Milei’s government and his intentions to work together to make significant changes in current agricultural policies. They call for lowering and eliminating taxes in order to foster growth in the country’s agricultural sector.