10/10/2024

New measures to simplify foreign trade: A key boost to Argentina's growth

Resolution 156/2024 seeks to eliminate administrative barriers, improve competitiveness and align local regulations with international standards. A key change for the future of Argentine foreign trade.

In a context where agility and competitiveness are essential to stand out in global trade, the Argentine government has taken significant steps to simplify procedures and modernize regulations. From the elimination of specific registrations to the implementation of systems that ensure international quality standards, these measures aim to better position Argentine products in the world.

What does Resolution 156/2024 imply?

Recently published in the Official Gazette, this regulation simplifies administrative procedures and reduces technical requirements that, until now, represented obstacles for the commercialization of goods. With its immediate entry into force, companies will be able to operate with greater agility, while ensuring that they comply with global safety and quality standards.

Among the highlights is the revision of Article 5, which centralizes technical supervision in the National Directorate of Technical Regulations. This change seeks to speed up processes and reduce waiting times, eliminating bottlenecks that historically hindered the competitiveness of foreign trade actors.

Less uncertainty, more confidence

Another key aspect is the updating of the sanctioning framework. Article 7 now provides clarity and transparency in the application of penalties for noncompliance. This measure not only reduces risks, but also fosters a safer and more predictable business environment.

In addition, the resolution promotes a review of current technical regulations, eliminating those that are no longer relevant. This effort to modernize the regulatory framework shows Argentina's commitment to efficient and updated foreign trade.

What does this mean for the insurance industry?

At Hanseatica, we are optimistic about these developments. The simplification of regulations reduces logistical and administrative risks, a direct benefit for our clients in the transport sector. This greater predictability allows us to design more precise coverage, providing security and confidence at every stage of international trade.

A step into the future

Resolution 156/2024 is not only an improvement in processes; it is a clear message that Argentina is willing to compete on a level playing field in the global market. Local companies now have the opportunity to expand without the constraints of excessive red tape, while aligning with international best practices.

At Hanseatica, we continue to accompany our clients with insurance solutions that adapt to this new environment, supporting their growth with confidence and security.

Contact our team and find out how our coverages can protect your operations and give you peace of mind, even in the most challenging times!