Industrialists warn that 25,000 small and medium-sized enterprises may collapse and 300,000 jobs will disappear

Industrialists warn that 25,000 small and medium-sized enterprises may collapse and 300,000 jobs will disappear

2024-11-27 12:25:00

Daniel Rosato,President Argentinian Small and Medium Enterprises (IPA), warns sIf restrictions are lifted, foreign trade is not standardized, and energy costs and tax pressures are not reduced, next year have Closure of 25,000 SMEs let’s go 300,000 jobs lost”.

“This represents 5% of the small and medium-sized enterprises in Argentina’s production sector,” he added in the statement. Chain 3 Rosary Beads.

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He further believes that “ITo be able to compete, the industry needs to reduce costs This has to do with energy costs, tax pressures and extensive inputs.

“Otherwise Argentinian industry cannot compete, especially when we talk about having to compete with China. This is where industrialists are highly focused, they are no longer just small and medium-sized enterprises, they are large companies. This is a trade war. “This will end a large part of the industry,” rosato warning.

“When we say end, we are talking about sensitive industries like textiles, footwear, manufacturers. Capital goods, furniture manufacturers, many industries that are going to disappear. Because it’s difficult to compete with foreign prices,” Specify the header of the IPA.

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Rosato insisted that “the government is finding it difficult to recognize what is happening” and is “ignoring the problems of the industry”.

When talking about the Large Investment Incentive System (RIGI), he emphasized: “They are tailor-made for large enterprises, but small and medium-sized enterprises must also have them.”

“SMEs really have to invest. Globalization is changing SMEs, either modernize or disappear. But to invest, you have to have a vision. The labor law was passed, but so far SMEs have been put on trial and excluded Outside the system, there are compensations of up to 60, 70, 100 million pesos,” he concluded.

Production Coordination Secretary, Juan Paso, It was announced on Tuesday that the government would send the Small and Medium Enterprises Bill.

The initiative aims to “Promote and promote the growth of small and medium-sized enterprises“promote industrial exports, formalize employment, promote the development of the agricultural sector, and bring about profound changes in labor issues.”

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