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Argentina: New regime for imports of used oilfield equipment

Description

On August 10, 2017, Argentina issued the Presidential Decree 629/2017 establishing an import tax rebate to Vaca Muerta's oilfield project, subsidising the production of oil and gas in that region.

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Aug 2017

Revocation date

30 Jun 2019

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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