Argentina Updates Import Monitoring System
Argentina recently introduced a new import monitoring system to help “ensure the predictability and traceability of import operations,” the Hong Kong Trade Development Council reported Oct. 21. The new Import System of the Argentine Republic, which replaced the old Comprehensive…
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Import Monitoring System, will allow for “greater control in the traceability of the entire operation,” the report said. The new system will apply to importers registered in the Special Customs Registries “in relation to definitive importations for consumption,” the report said, and declarations are valid for a renewable period of 90 days from the date they are cleared by Argentina’s government agencies. The old system had a renewable period of 180 days.