Bahillo: "Our vocation for dialogue and joint work remains unchanged"

The Secretary of Agriculture, Livestock and Fisheries, John Joseph Bahilloratified today that producers who sold soybeans under the Export Increase Program (PIE) are exempt from restrictions to access the foreign exchange market, while stressing that “beyond transient noises”the joint work with the sector “remains unchanged”.

He said this during a press conference in which they presented the first vaccine strain in the world to combat Bovine Leukosis, based on research carried out by INTA and the University of Liege, Belgium.

Bahillo assured this afternoon that from the portfolio “We are going to work beyond the transitory noises so that this program continues to develop with the success that had been happening: we were more than meeting the expectations that we had set at the beginning of it with more than 8 million tons and US$ 4,500 million and there are still two weeks to go”.

“Our vocation for dialogue and joint work remains unchanged,” assured Bahillo.

“We are working in this direction and it will be the Minister (of Economy, Sergio Massa) or the President (Alberto Fern├índez) who will announce it,” Bahillo completed regarding the measures.

The counterpoint regarding the access of producers to the foreign exchange market occurred after the Central Bank ordered yesterday afternoon that “Economic agents that have sold soybeans under the Export Increase Program will not be able to access the foreign exchange market for purchases of foreign currency nor carry out operations with titles and securities with settlement in foreign currency”.

After the dissemination of this measure, Bahillo, through his account on the social network Twittercame out to clarify that the producers were not included in the restriction.

After this precision, from the monetary organization they reported that the rule that prevents access to the purchase of foreign currency to those who market soybeans through the Export Increase Program “does not include producers who are human beings.”

This morning, in a dialogue with Metro radio, Bahillo said that “large companies, legal entities that intend to enter the Cash With Liquidation (CCL) or MEP market, cannot.”

In turn, Bahillo maintained that with the first communication from the BCRA “producers were generated a change in the rules of the game”, which was later corrected with the second measure ordered by the monetary authority.

According to the Buenos Aires Cereal Exchange (BCBA), operations for more than 600,000 tons were registered yesterday, thus accumulating almost 9.5 million tons since last Monday, September 5, when the special exchange rate of $ 200 per dollar for oilseed exports, which ends on September 30 next.

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