Problems relating to Trade and Investment on Argentina
15. Price controls |
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Issue |
Issue details |
Requests |
Reference |
| (1) Existence of Price Control | - GOA exercises price control on energy bill (electric power and gas), so that enterprises including Foreign Funded Enterprises (FFEs) in energy sector are unable to secure the ROI proportionate to their investments. The prevailing circumstances discourage investment into the Energy Sectors such as oil and natural gas, etc. - GOA exercises price control in order to hold down inflation. |
- In light of the prevailing serious energy crunch in Argentina, it is requested that GOA overhauls its legislation to encourage investment into the energy sector (inclusive of the overhaul of investment environment such as the energy price increase). | |
| (2) Prior Approval required on Price Changes | - GOA implements price control (monitoring) programme that prohibits each manufacturer from price changes without prior approval of Minister of Interior, Commerce, and Industry. | - http://www.wsj.com/ articles/SB1000142405 2702304819004579487 993108796228 |
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