In a move that has sparked excitement among the agricultural sector in Argentina, President-elect Javier Milei has promised to intervene in the market and eliminate withholdings to benefit the industry, which represents 70% of the country’s total exports. Milei’s government is set to focus on shrinking the State and eliminating taxes, with a view to boosting production and making agriculture more sustainable through the bioeconomy.
To oversee these policies, Milei has appointed Fernando Vilella, an academic and former dean of UBA, as part of his team. Vilella presented a paper outlining the main policies needed for agriculture to grow in production while becoming more sustainable based on the bioeconomy.
The Argentine Rural Society and Argentine Rural Confederations have expressed their support for Milei’s government and his intentions to work together to bring about radical change in current agricultural policies. They are calling for lowering or eliminating taxes and hope to see growth in the country’s agricultural sector soon.