Buenos Aires, January 29 (NA) — The industrial sector reiterated its concern over the lack of competitiveness of local production against the backdrop of opening up to imports due to high tax burdens. In statements to Radio Rivadavia, covered by Agencia Noticias Argentinas, Mauricio Badaloni, a member of the board of the Argentine Industrial Union (UIA) for the Cuyo region, pointed out that Argentina has maintained the same tax pressure for the last ten years. The industrialist noted that the country's cost structure is affected by a state burden that prevents competing on equal terms with external markets. Sector estimates indicate that between 40% and 50% of the cost of any productive structure is absorbed by the state at its national, provincial, and municipal levels. This tax burden directly impacts the final price of goods and services, limiting export capacity and the development of new ventures. IP Regarding the Techint issue, the executive criticized government intervention in commercial disputes between private parties and stated that the problem of competitiveness lies not with entrepreneurs, but with the current tax system.
