What actually is a quote by U.S. Exim Bank Chairman Fred
Hochberg, announcing the bank's resumption of operations in
Argentina during the Business and Investment Forum, recently
organized by the Argentine government in Buenos Aires (see www.argentinaforum2016.com), could just as
well be the motto for the new direction Argentina has taken.
President Macri, elected in December 2015, promised to again
make our country friendly towards business and foreign investment,
and slowly but surely, this promise is starting to bear fruit.
Protectionist regulations, in effect during the 12 year Kirchner
reign, are being repealed and new policies aiming for
liberalization and integration into global markets are put in
place. Currency restrictions have been loosened, import
restrictions almost fully abolished, export taxes either lowered or
fully annulled. The currency exchange regime has been standardized
and the Argentine Peso exchange rate now freely floats.
Institutions like the
