Greater Trade Openness is the Key to Argentina's Recovery

June 3, 2020

Greater trade openness will allow Argentina to launch its economy in an adverse context due to the COVID-19 pandemic, said analyst Natalia Motyl.

The economist of the Fundación Libertad y Progreso (FLyP) said in an interview with Xinhua that “Argentina should take advantage of the rise in the price of commodities that will be produced in the coming months, as a result of higher world demand.”

“Greater trade openness is necessary. The government cannot afford to trade only with the countries and regions that the Southern Common Market (Mercosur) wants. Argentina should begin to negotiate bilaterally with its main trading partners,” the academic stressed.