Argentina elimina derechos de exportación a lubricantes y aceites derivados del petróleo
Argentina elimina el 8 % de arancel a aceites y lubricantes. Foto: iStock
TL;DR
- Argentina eliminated export taxes on petroleum-derived oils and lubricants, reducing the rate from 8% to 0%.
- The objective is to boost foreign sales and improve business competitiveness.
- Exported volumes are projected to increase by 70% by 2028.
- The measure benefits industries such as automotive, agricultural machinery, transportation, and oil and gas.
- This follows a previous elimination of export taxes on most manufactured industrial goods in May.