Business & Finance

Reuters reveals Argentine meat packers reach preliminary export deal with government

Reuters broke the news that Argentine meat packers reached a preliminary deal with the government that will allow them to partially reopen beef exports after a month-long suspension aimed at cutting domestic food price inflation. Argentina, China’s second-biggest beef supplier after Brazil, halted exports for a month in mid-May as it grapples with fast rising domestic food prices. Meat packers had been negotiating a way to lift the curbs amid fears they could be extended.  

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: South America
Countries: Argentina
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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