Argentina Faces Economic Uncertainty as New Government Assumes Office, Impacting Trade Authorizations

In Argentina, a new government has recently taken office amid severe challenges, including inflation, debts, and currency exchange issues. The economic uncertainty has led to a standstill in exports and imports as businesses await concrete news and decisions regarding new rules. Import authorizations (SIRAS) were denied in the previous weeks, causing a closure of imports. Additionally, some export authorizations have been canceled in the past two days. The new Minister of Economy is expected to announce updates and changes to the country's economic policies today.