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Global Trade Alert

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Argentina: Temporary expropriation of an American cereal company

Description

On 9 June 2020, the Executive of Argentina adopted Decree 522/2020 taking over VICENTIN S.A.I.C., one of Argentina's largest agrifood companies with a majority owned by GLENCORE, an American company. ...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

09 Jun 2020

Revocation date

01 Aug 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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