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Panorama Internazionale

27 NOVEMBRE 2018

14:55 - Argentina

ARGENTINA WILL SIGN A BEEF TRADE DEAL WITH THE US AFTER 17 YEARS

(ICE) - ROMA, 27 NOV -

Argentina will sign a reciprocal deal with the United States that would allow the export of fresh beef for the first time after 17 years. At a time when Argentina is seeking to boost beef sales abroad, the agreement would allow the country to show other prospective buyers that its meat is healthy enough to enter a country with some of the world's toughest sanitary protocols.

Argentina stopped exporting beef to the United States about 17 years ago due to U.S. concerns about contamination of Argentine cattle by foot-and-mouth disease. This problem was eliminated through a vaccine program in local livestock sector.

This follows China's nearly doubling their beef trade with Argentina in 2018. In August it was reported that Argentina is set to expand its beef export trade links with China and Japan. With analysts from the Consortium of Argentine Beef Exporters predicting a total of 410,000 tonnes of beef being exported to China by the close of 2018, totaling us$1.8 billion.

Due to this recent improvement in beef exports, Argentina, once a member of the world’s top 5 beef suppliers, Argentina was hobbled under the anti-farm policies of the country's previous president, Cristina Fernandez. The country fell off the top 10 list of beef exporters during her 8-year presidency. It is back in the top 10, according to USDA data and could get into the top 5 next year thanks to the free-market policies of President Mauricio Macri. Argentina doing things well, can return to its forming glory.

(ICE BUENOS AIRES)