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Argentina Stands Up New Trade Monitoring Regime

Argentina recently created a new trade unit to monitor purchases and sales of “goods and services in internal and external trade,” promote “commercial operations fairly,” trace traded goods and guide consumers, the Hong Kong Trade Development Council reported June 20.…

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HKTDC said it isn’t “entirely clear whether any additional trade restrictions will be adopted” under the new unit, adding that Argentina is looking to better analyze trade data “and adopt any measures that may be warranted within the scope of [the participating government entities'] respective authorities.”