2024-04-08 14:31:00
The Ministry of Economy announced this Monday the elimination of the obligation for a specific list of products to go through the “Red Channel” from Customs.
This was made official by the portfolio, headed by Luis Caputo, through resolutions N°154/2024 y N°112/2024published this Monday in the Official Gazette, and reported through an official statement.
As specified, it was “a customs process that involved exhaustive controls that generated costs and delays for importing companies,” what affected 36% of import operations sent to the channelwhat represents 7% of all the merchandise that entered Argentina.
“From now on, these products will be subject to random checks established by Customs for the entire tariff universe,” the text highlighted.
In this way, the government of Javier Milei frees the companies previously affected by this to carry out a significant expense in shipping per container, which with this provision is reduced by US$1,200which represents 2.5% of the average value of the merchandise shipped in an import.
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What is the Customs “red channel” and what sectors did it affect?
He “Red Channel” is automatically assigned to certain products by customs agentsbased on the initial presentation of the shipper, to carry out a verification of the documentation, in some cases, as well as other criteria.
If a container is directed to this lanetakes place an exhaustive documentary and physical control of the merchandise. If it complies with current regulations, its withdrawal is authorized. However, If irregularities are detected, the entire process stops.
This, according to the Government, affected, among others, to the textile sector, footwear and products subject to current antidumping measuressuch as water heaters, radiators, boilers, air conditioners, cutlery and fans, among others, which they considered to be “an arbitrary selection”.
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“The process It required the paralysis of the merchandise at customs, delayed the delivery times of the products and considerably increased the cost of inspection. what was it assumed by importers“, highlighted the Economy document.
In addition to simplifying the process, this provision, as they highlighted, contributes to shortening delivery times and streamlining production, marketing and export processesin line with the policy of the National Government of “debureaucratize” economic management.
“This measure seeks to eliminate a barrier to imports that had been established by the previous management of the Ministry of Economy“concluded the letter, pointing against the former head of the Ministry of Economy, Sergio Massa.
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