From Buenos Aires Times · · 50s
Argentina Joins US on Industrial Overcapacity Statement
Argentina signs US-led pact to tackle global manufacturing excess.
In brief
Argentina signs US-led pact to tackle global manufacturing excess. Argentina joins 14 economies in a joint statement urging action on structural industrial overcapacity without naming China directly. Originally reported by Buenos Aires Times.
Argentina Joins Statement
Argentina has joined the United States and 13 other economies including the European Union in issuing a joint statement calling for action to address structural excess capacity and production in key manufacturing sectors.
Statement Details
The statement, announced by the US Trade Representative's office on Wednesday, was signed at the OECD Trade Committee meeting following last week's G20 trade ministers' meeting in Milwaukee, Wisconsin.
Signatories and Exclusions
The 15 signatories include Argentina, Australia, Canada, the European Union, France, Germany, India, Italy, Japan, Mexico, Poland, South Korea, Türkiye, the United Kingdom and the United States. China and others did not sign.
The one thing
Argentina joins 14 economies in a joint statement urging action on structural industrial overcapacity without naming China directly.
