Regulation aimed at accelerating development of auto industry

By Maria Lucia Belliz, Argentina Ministry of Foreign Affairs and Worship
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In the previous issue of this column, we presented an overview of the legal framework in effect, highlighting that foreign investors – and their investments – are protected by Argentine law. Their rights are protected under a wide range of national and international provisions that make Argentina a safe destination for foreign direct investment (FDI) and foreign investors.

In this article, and in following issues, we will present some of the sectoral incentives Argentina is offering to investors focused on developing their businesses in specific sectors.

The automotive and auto parts industries regime, regulated by Law No. 26393, is aimed at developing and consolidating Argentina’s auto parts sector via economic co-operation with other Mercosur partners.

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Maria Lucia Belliz is the director of the Investors Assistance Office of the Argentina Ministry of Foreign Affairs and Worship

Ministry of

Foreign Affairs and Worship

Esmeralda 1212 – Piso 6

Ciudad Autónoma de Buenos Aires

(C1005AAG) República Argentina

Tel: 54 11 4819 7904

Fax: 54 11 4819 7904

E-mail: izl@mrecic.gov.ar

www.inversiones.gov.ar