President-elect Javier Milei of Argentina has expressed his support for the agricultural sector, promising to eliminate taxes and intervene in the market. Milei’s government aims to focus on shrinking the State and eliminating withholdings to benefit the agricultural sector, which accounts for 70% of Argentina’s total exports.
To lead the agricultural policies, Milei appointed Fernando Vilella, an academic and former dean of UBA, along with other professionals from the agricultural sector. Vilella presented a paper outlining key policies that will enable the agricultural sector to increase production and become more sustainable based on bioeconomy principles.
The Argentine Rural Society and Argentine Rural Confederations have expressed their support for Milei’s government and his intentions to work together to make significant changes in current agricultural policies. They hope that lowering or eliminating taxes will spur growth in the country’s agricultural sector soon.