The Argentine Ministry of Agriculture launched the “Initiative 200 million tons of cereals, oilseeds and legumes”, which aims to boost the production of these grains over the next decade.
The measure, which was formalized through a resolution published this Wednesday in the Official Gazette, proposes a mechanism for the development of consensual public policies to reach 200 million tons per year of cereals, oilseeds and legumes exported before 2030.
“This would generate an added value and sufficient foreign exchange income to stabilize the economy, thus providing a stable and possible base for the development of other viable, inclusive and competitive economic sectors and activities”, according to the official text.
Agriculture stressed that, from this initiative, it seeks to “develop and agree on public policy measures that, if implemented, would generate surpluses in the short and medium term to encourage sustainable production, the addition of value at origin and the generation of sources. of work necessary to reactivate the economy of our country”.
“These measures could consist of mechanisms of fiscal benefits, access to financing, reduction of the cost of production and of bank loan rates, accelerated amortization of capital goods, among others,” the ministry explained.
Regarding the production of grains, it is estimated that a production increase of 60 million tons of cereals, oilseeds and legumes, considering a first transformation of these products, would mean an increase in the value of exports of approximately 20 billion of Dollars.
In addition, the Government estimated a recovery of between 500,000 and 1 million agricultural hectares in exclusion or buffer zones with the use of new safe technologies, with a reduction of up to 80% in the use of agrochemicals.
This would represent approximately a normalized and sustained income from exports of approximately  u$s2 billion”, he stressed.
For the Executive Power, the sector “has the potential to see agribusiness exports increased by at least 60%, reaching 57 billion dollars in a period of between five and ten years”.