Global Trade Alert
Global Trade Alert

Argentina: Subsidies for oil exports to compensate for low prices

Announcement

09 Mar 2016

In March 2016, the government of Argentina announced a change in financial export support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Mar 2016

Revocation date:

09 Dec 2016

Last action: 09 Mar 2016
Export subsidy
On 9 March 2016, the Argentinian government announced its decision to provide exporters of heavy crude oil, a subsidy of USD 7.50 per barrel. This subsidy will apply as long as international oil price...
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