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“Openness is the only way”: Adorni welcomed the Mercosur-EU agreement and announced reforms for employment

“Openness is the only way”: Adorni welcomed the Mercosur-EU agreement and announced reforms for employment
“Openness is the only way”: Adorni welcomed the Mercosur-EU agreement and announces reforms for employment
porEditorial Team
Argentina

The Chief of Staff defended trade openness, announced labor benefits and measures to boost employment and investment.

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The Chief of Staff, Manuel Adorni, highlighted the entry into force of the trade agreement between Mercosur and the European Union and defended economic opening as the central axis of the model promoted by President Javier Milei.

“Commercial opening always brings more investment, more growth and more employment, and it is the only possible path to prosperity for Argentines,” he said during a conference at Casa Rosada.

A historic agreement after 27 years

The understanding between Mercosur and the European Union marks the creation of one of the largest free trade zones in the world, with direct impact on key sectors such as agriculture and the

automotive industry.

Adorni stressed that the agreement will improve the access of Argentine products to an enormous scale market and attract investment, considering that Europe is already the main source of foreign investment in the country.

End of obstacles and commitment to growth

The official questioned the previous economic model and assured that the new phase aims to unleash productive potential

.

“We used to live in a country that suffocated producers with ridiculous obstacles and regulations,” he said, marking the contrast with the current policy of openness and deregulation.

Imagen 1399322

Less workload to boost employment In parallel, the

Government regulated the Employment Formalization Incentive Regime (RIFL), which seeks to promote hiring through a strong reduction

in costs.

The measure includes:

  • 89% reduction in employer contributions Benefit

  • for new employees for 4 years

  • The objective is clear: to facilitate hiring and reduce informality

    .

    Fund to alleviate compensation

    Adorni also anticipated the implementation of the Labor Assistance Fund (FAL), which will help companies to pay compensation.

    “We need to rebuild that sacred bond between worker and company,” he said, noting that these tools aim to generate more formal employment.

    Gas subsidies in the international context In

    another announcement, the Government provided for an extraordinary 25% discount on the gas subsidy, in addition to the 50% already in force

    .

    In this way, users will receive a 75% bonus in May, in response to the international price increase.

    Investment in defense and modernization of the State

    In addition, Milei signed the decree implementing the Argentine Military Adaptation and Reequipment Plan (ARMA), which will allocate 10% of revenues from sales of State assets to strengthening the Armed Forces

    .

    Measures were also announced to modernize the health system in terms of blood donation and tax benefits to boost railway investments.

    A model based on openness and employment

    With the Mercosur-EU agreement, the reduction of labor costs and new tools for companies, the Government seeks to consolidate an economic scheme oriented to investment, growth and the generation of

    formal employment.

    The official commitment is clear: fewer obstacles, more markets and full integration into the world as an engine of development.


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