President Javier Milei of Argentina has lifted a 50-year ban on the export of live cattle, enacting Decree 133/25. This move allows Argentina to explore new market opportunities in the livestock sector, particularly in regions with distinct slaughter preferences, such as Turkey. Minister Federico Sturzenegger noted that prior trade restrictions limited Argentina’s competitive capacity globally.
On Wednesday, Argentine President Javier Milei enacted Decree 133/25, lifting a 50-year prohibition on the exportation of live cattle. Initially instituted in 1973 due to supply chain concerns, this new regulation by the Libertarian government is poised to create fresh market prospects within the livestock industry. The global live cattle market is substantial, with nations such as Australia, France, and Canada each exporting upwards of $1 billion annually.
Moreover, Argentina’s proximity enables it to compete with regional exporters; Uruguay sells 250,000 heads each year while Brazil exports 750,000. Turkey, for instance, is a vital market as it has unique slaughtering methods, preferring non-castrated animals, thus accentuating the necessity of entering such markets. Deregulation Minister Federico Sturzenegger remarked on the previous hindrances, criticizing the nonsensical exclusion from these lucrative opportunities.
He further elaborated that amid discussions surrounding exchange rates, the significant trade restrictions imposed have been overlooked. Sturzenegger highlighted that numerous commodities such as hides, coal, and scrap metal are still subject to prohibitive measures that stifle export potential, calling these regulations “unbelievable.” This sweeping change signifies a pivotal shift in policy and trade dynamics within the Argentine cattle sector.
In summary, the lifting of the live cattle export ban marks a significant policy change in Argentina, aiming to bolster the livestock sector by opening new markets. With a focus on capitalizing on global demand, especially from specific markets like Turkey, this initiative could significantly enhance Argentina’s position in the international livestock trade. The remarks by Minister Sturzenegger underscore a broader need for trade deregulation to improve export capabilities across various sectors.
Original Source: en.mercopress.com
