Sergio Massa announced in Mendoza a differential exchange rate for wine producers

The Minister of Economy, Sergio Massaannounced today measures for the wine sector intended to assist producers affected by frost and hail, and to favor the competitiveness of exports.

So, by participating in Mendoza of a breakfast of the Argentine Wine Corporation (coviar), within the framework of the Grape harvest Festivalthe leader of the Renovation Front announced a spread dollar for wine producers which will be launched from April 1st. In this way, from the Palacio de Hacienda they seek to print a better positioning in the sector for sales abroad.

“Last year, in the decision to recover markets and consolidate reserves, we tried to launch an export strengthening program for a sector, as of April 1 we will accompany it in all regional economies, starting with viticulture to recover markets and that have a chance in the face of the loss represented by hail and frost,” he said.

He remarked that “on April 1 with exchange rate competitiveness that the State provides for development, we have to have more Argentine wine in the world.”

He said that in the coming days work will be done to define the measure that must ensure “that the new price reaches all producers so that it does not become useful for a few” and that at the same time “the supply in the internal market”.

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