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Footwear Industry In Argentina Calls For Continued Restriction On Imports

2011/8/30 17:16:00 60

Argentina Footwear Industry Restricts Imports

Recently,

Argentina

Chairman of shoemaking industry association

Alberto

He expressed the hope that the government of Argentina would continue to restrict imports of footwear products and promote the sustained recovery of the footwear industry in the country.

  


Speaking at the sixth Latin American Footwear Association Forum, he pointed out that Argentina government has taken various measures.

limit

After the import of footwear products, the market share of Argentina shoe making enterprises is expanding.

At present, the shoes produced by Argentina enterprises account for 85% of the domestic market, while the imported ones are

market share

It dropped to 15%.

  


He said that the protective measures taken by the Argentina government encouraged domestic shoemaking enterprises to expand investment and production.

At present, Argentina enterprises produce 115 million pairs of shoes every year, and the output is expected to increase to 200 million pairs by 2020.

At present, the footwear industry in the world is still growing. Asian countries have an advantage in the output and style of the footwear industry.

The financial crisis in the United States and Europe has made consumption in the European and American markets decline. Some Asian countries are looking for an alternative market for the export of footwear products. Therefore, the Argentina government needs to strengthen its protection of its domestic market.

  


In recent years, the government of Argentina has implemented an import substitution strategy, adopting various restrictive measures to import products, and expanding the market share of domestic enterprises.

Some economists criticize the Argentina government's move that it will cause domestic enterprises to be enterprising, lack of international competitiveness and increase prices.

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