This time Argentina was able to meet 100% of the Hilton Quota for Europe

Published 2023년 6월 14일

Tridge summary

Argentina has achieved its goal of exporting all 29,500 tons of the Hilton Quota for the European Union in the business year 2022/23, generating $310 million in foreign currency. This marks a positive development in the country's strategy to position itself as a consistent supplier of high-quality beef to the European market. Despite this achievement, the government still faces criticism for maintaining a quota system and restrictions on beef exports. The majority of exports were to Germany and the Netherlands, with prices varying between $10,000 and $13,500 per ton.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A statement from the Ministry of Agriculture celebrated that Argentina was able to export this business year 2022/23 the 29,500 tons corresponding to the Hilton Quota for the European Union, generating foreign currency for 310 million dollars. Five years ago this objective was not achieved and there was always a bit of the tons included in the tariff quota to be sold. The curious thing is that, in light of this achievement, Secretary Juan José Bahillo stressed that "this high execution of the tariff quota continues to reinforce Argentina's positioning strategy as a regular supplier of high-quality and high-value beef to the European market, one of the axes raised by the Minister of Economy, Sergio Massa, to strengthen our country's trade with the world”. In reality, faced with such a statement, any child could pull Bahillo by the sack to remind him that when they took office with Massa, a series of restrictions on the export of beef were in force (this is not the case of Hilton, ...

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