Argentina’s president-elect, Javier Milei, has pledged to support the agricultural sector by eliminating withholdings and intervening in the market. His government is set to focus on reducing the state and taxes to benefit this sector, which accounts for 70% of the country’s total exports.

To oversee agricultural policies, Milei has appointed Fernando Vilella, an academic and former dean of UBA, along with other professionals from the agricultural industry. Vilella presented a paper outlining the key policies required for the agricultural sector to increase production while becoming more sustainable through the bioeconomy.

The Argentine Rural Society and Argentine Rural Confederations have expressed their support for Milei’s government and his intentions to work together to bring about significant changes in current agricultural policies. They advocate for lowering and eliminating taxes, hoping to see growth in Argentina’s agricultural sector soon.