From Mendiguren, prior to the inauguration of Massa: "It is not logical that I handle imports"

The Secretary of Production of Massa spoke of the measures announced by the Government. They are to “calm down the market”, he said and disassociated himself from imports

By iProfessional

08/03/2022 – 4:10 p.m.

De Mendiguren, prior to the assumption of Massa: "It is not logical that I handle imports"

The new head of the Production Secretariat, Ignacio de Mendiguren, referred to the measures taken by the Government this week and that will continue to be announced this Wednesday after the assumption of Sergio Massa as Minister of Economy, Agriculture and Production. “The measures being taken are to calm the market,” he explained.

Along these lines, when leading an act, the official assured that the situation the country is experiencing at the moment requires a serious commitment from Massa and all his team.

“For the elections it is missing, It would be good if we could calm down together. A crisis does not go where you want. There is a social situation that requires a serious commitment. If it is possible in the first stage to coordinate the different spaces, there is already a step forward,” he said.

De Mendiguren joins Massa’s “superministry”

De Mendiguren, recently called by Sergio Massa to join the economic portfolio team, he was Minister of Production during the presidency of Eduardo Duhalde in 2002/2003 and former president of the Industrial Union (UIA).

De Mendiguren will lead the Secretary of Production of the Nation from this Wednesday.

De Mendiguren will lead the Secretary of Production of the Nation from this Wednesday.

With 70 years, the current Secretary of Production was president of the Industrial Union between 1999 and 2001 (He resigned in 2002 to join the Duhalde government). He returned to lead the factory between 2011 and 2013 and that year he was elected national deputy for the Renovating Front headed by Massa. He would then renew his mandate in 2017 until 2019, when he requested leave to resume public office as president of BICE.

In an act that led this Wednesday for the thirtieth anniversary of the Bank for Investment and Foreign Trade (BICE), De Mendiguren, said: “All the measures that are being taken for the emergency are to calm the market in pesos, the market in dollars, are being taken with a long-term vision”.

Massa superminister: who will take care of imports?

After the Government of Alberto Fernández decided to put a limit on imports, expectations about who will handle this matter are high. Especially considering that the measure generated difficulties in the commerce sectors, businessmen and SMEs.

De Mendiguren, in this sense, ruled out taking charge of that area. “For an ethical issue, because I am on the Board of Directors of the Industrial Union, It is not logical that I am in prices and handling imports. All of this will be in the Ministry of Commerce.”

Massa said goodbye to the Chamber of Deputies to take on Economy.  This Wednesday announces new measures.

Massa said goodbye to the Chamber of Deputies to take on Economy. This Wednesday announces new measures.

Regarding the crisis at the national level, he compared the situation with what happened in 2002 and opined: “It is important at this time to reinforce the reserves, but the important thing is to calm down. When there is disorder, the exchange rate shoots up. We saw it in 2002, it reached four pesos when the disorder was great and then we didn’t know how to stop it so that it wouldn’t continue to fall.”

Finally, the new representative of the government’s production area said that Argentina is one “jump” away from achieving development. “Faced with the challenges and demands of the world, the question is what are we going to do? Are we going to keep fighting or are we going to be able to visualize this opportunity?” he said.

“It is necessary to show the unity of the national field in the discussion of these projects. We are facing the possibility that Argentina will take the definitive leap towards development, with all these scenarios that are given to us: energy, mining, fishing, agri-food chain,” he concluded.

The statements by the former head of the UIA come hours before Massa’s assumption as head of the Ministry of Economy and before the eventual announcement of new measures to bring calm at the national and international level.

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