Frustration over Government Intervention
May 2002 Issue of Wine Business Monthly
Initial hopes for buoyant exports following the devaluation of the national currency have been tempered by a string of Government schemes designed to prop up the ailing economy and to assist domestic markets. The Argentine Government has deemed it necessary to lessen the attractiveness of export markets for fear of shortages or speculative prices on domestic markets. The new schemes are designed to protect the availability of basic commodities such as cereal and meat products. Wine, although see...
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