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May 29, 2018
Grobocopatel criticized an eventual suspension of the withdrawal to the retentions of soy: “It would be a mistake”
Within the framework of the presentation of the Engineering Week, which will take place from June 5 to 7, with the organization of the Argentine Center of Engineers (CAI), Gustavo Grobocopatel, president of Grupo Los Grobo and who will chair that event , noted that "it would be a mistake" to stop the decline of soy retentions.

Yesterday, circulated versions of a postponement of the 0.5% monthly decline that has been applied since last January and that today have to the retentions to the soybean with a tax rate of 27.5 percent.

"The deductions do not increase the collection, but lower it, the President is fully aware of that issue, it would be an error because it would go against the interests that Dujovne himself (for the finance minister) has." There are other mechanisms to adjust ", said Grobocopatel.

The businessman also commented on the economic situation of the country: "If you read the final result and do not focus on what was the turbulence, there were three changes and I think they are positive: the first is devaluation, because the peso had After that, it was requested that there be more intervention by the government and it seems to me that today there is a greater openness to listen to different options and thirdly, there was also a request for coordination in the area. This decision was made when Dujovne [Nicolás] was elected to coordinate, I believe that, in addition to thinking about reducing the deficit, Argentina needs some level of coordination of how we are going to do to produce and export more in a competitive".

The agricultural entrepreneur stressed that the world is increasingly competitive, that Argentina is a "very closed" country and that it is necessary to aim for international markets. "I continue to maintain that this Government has the vocation to help the creation of companies," said Grobocopatel.

Regarding the agricultural sector, he said that having a new seed law is key for the agriculture that comes. "We live today from the innovations we made 20 years ago," he said.

Meanwhile, on the event to be held between June 5 and 7, the head of the CAI, Horacio Cristiani, said: "The week is held every year to commemorate the day of engineering, which is June 6. "Under the slogan "Add capacities for a sustainable world", it will be held at the CAI headquarters with talks on innovation and sustainability in the field.

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