ARGENTINA

SUBSIDY PROGRAMS AIMED AT INDUSTRIAL SECTORS
Last Changes Made December 2006


Effective February 15, 2000, Import Administration began publishing "Decision Memos" to reduce the size of antidumping and countervailing duty Federal Register notices. In cases in which a decision memo was published, you will find a link to the memo listed below.

In addition, in the following programs, in instances below in which a proceeding was a Sunset Review, you will see the letters SR after the product name.


COUNTERVAILABLE SUBSIDY PROGRAMS

The subsidy programs listed below have been investigated by the Department and have been found to be "countervailable" based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed below the subsidy program title for a full explanation of the Department's analysis in those cases.

BNA Financing for the Acquisition of Goods of Argentine Origin

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final)
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo
Honey (1999) 66 FR 14521 (3/13/01-prelim);  

The Banco de la Nacion Argentine (BNA) established a line of credit for financing the acquisition of goods of Argentine origin for the agricultural sector. Under this program, the goods financed must be of Argentine origin, or must have a maximum foreign component of 40 percent. The financing is provided for up to five years, is limited to 80 percent of the purchase price, excluding VAT, and cannot exceed US$50,000 per borrower. We determined that this program is contingent upon the use of domestic goods over imported goods, and is therefore an import substitution subsidy under section 771(5A)(C) of the Act. These loans also provide a financial contribution under section 771(5)(D0 of the Act and provide a benefit under section 771(5)(e) of the Act.

BNA Pre-Financing of Exports Regime for the Agriculture Sector

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

This program was established by the Banco de la Nacion de Argentina (BNA), a government-owned bank, pursuant to Annex B of BNA Circular No. 10714/I. This line of credit is offered by BNA to final exporters, for the financing of agricultural exports. We determined that these lines of credit are specific within the meaning of section 771 (5A)(B) of the Act because they are contingent upon export performance. In addition, there is a difference in the amount the recipient of the loan pays and the amount the recipient would pay on a comparable commercial loan. Therefore, these lines of credit provide a benefit under section 771 (5)(E) of the Act. Therefore, we determined that this program is countervailable.

Buenos Aires Honey Program

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final)
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

Through this program, the Banco de la Provincia de Buenos Aires (Banco Provincia), a bank owned by the Province of Buenos Aires, provides two types of credit lines to honey producers in the province. These programs are detailed below:

Entre Rios Honey Program: Law No. 7435/84

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

This program is a provincial honey development program originally established in 1984. Under this program, the government of Entre Rios puts on presentations and exhibitions related to beekeeping activities throughout the province. We determined this program to be de jure specific because it is limited in law to the honey industry. It provides honey producers with a financial contribution through the provision of services under section 771(5)(D)(iii) of the act. We also determined that this program provides a benefit under section 771(5)(E)(iv) of the Act because all services were provided free of charge. Therefore, this program is countervailable.

PROAPI

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);  

PROAPI was created by the National Institute for Agricultural and Livestock Technology (INTA) in 1995. PROAPI provides goods and services at below market prices or for less than adequate remuneration. Since the average of the market prices reported by the GOA is higher than the price charged by PROAPI, we determined that this program is countervailable.

Province of Chaco Line of Credit Earmarked for the Honey Sector

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final)
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

Under this program, the Ministry of Production in the province of Chaco, through Provincial Law No. 4320, issued Decree No. 2076/96 in December 1996, which established an emergency line of credit following a natural disaster that affected the agricultural production of the region. A specific amount was allocated to assist the affected beekeeping sector. Because this line of credit was created specifically to assist the beekeeping sector of the Province of Chaco, we determined that it does not meet the provision of the regulations under which disaster relief is not countervailable. Because it is only available to beekeepers, we determined that this program is countervailable.

Province of San Luis Honey Development Program

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final)
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

The San Luis Honey Development Program was created in 1990 by the Ministry of Social Development of the Province of San Luis. The program provides assistance in two forms: leasing agreements and financing through several types of credit lines. These two forms are detailed more completely below.

  • CFI Lines of Credit Provided Through the Banco de San Luis
  • Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

    The CFI established four lines of credit available to the beekeepers of the province. These lines are identified as Lines 600, 700, 900, and 950. Because these lines of credit are made available only to the honey industry in the Province of San Louis, we determined that they are countervailable. In addition, these lines of credit provide a financial contribution ebcause they are transfers of funds from the GOA in the form of loans within the meaning of section 771(5)(D)(i) of the Act.

  • Leasing Agreements
  • Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

    This program was carried out in two different stages. The first stage was implemented by formign 10 groups of 10 people, all of whom received training. Each group received 10 beehives and colonies for five years. In addition, each group received equipment for the extraction of the honey produced. Because this program is only available to the honey industry in the Province of San Luis, we determined that this program was de jure specific under section 771(5A)(D)(i) of the Act, and, therefore, countervailable. In addition, while the participants are required to repay the cost of the materials provided to them, there is no interest component involved. Therefore, this program operates as essentially an interest-free loan.

  • LEATHER

Reembolso or Rebate on Exports of Tanned Leather

Leather Apparel 46 FR 3582 (1/15/81-prelim);   46 FR 23090 (4/23/81-final)

The Reembolso program was established in 1971 for the purpose of promoting exports. It authorized a refund by cash payment on export of taxes "that bear directly or indirectly" on exported products and/or their component raw materials. The amount of reimbursement is based on a percentage of the f.o.b. price or export shipments and varies by product.

Resolution 321: Embargo on Cattle Hide Exports

Leather (1989) 55 FR 28928 (7/16/90-prelim);   55 FR 40213 (10/2/90-final)

Since 1972, the GOA has implemented two different types of restrictions on the export of cattle hides: export embargoes and export taxes. In 1972, the GOA implemented an embargo on the export of cattle hides under Decree 2861 to promote the development of a domestic leather tanning industry. This embargo was lifted in 1979 and was replaced by an export tax under Resolution 909. In September 1985, the GOA again instituted an embargo under Resolution 321.

  • STEEL

Capital Tax Exemptions Under Decrees 5038/61 and 548/81

Carbon Steel Flat Products (1991) 62 FR 38262 (7/17/97-prelim);   62 FR 52975 (10/10/97-final) not used
Carbon Steel Flat Products (1987) 56 FR 419 (1/4/91-prelim);   56 FR 28527 (6/21/91-final) not used
Carbon Steel Flat Products (7/76-6/83) 49 FR 5151 (2/10/84-prelim);   49 FR 18006 (4/26/84-final)
Carbon Steel Wire Rod (1989) 56 FR 26388 (6/7/91-prelim);   56 FR 40309 (8/14/91-final) not used
Oil Country Tubular Goods (1991) 62 FR 32312 (6/13/97-prelim);   62 FR 55590 (10/27/97-final) not used
Oil Country Tubular Goods (1989) 56 FR 50857 (10/9/91-prelim);   56 FR 64493 (12/10/91-final) not used
Oil Country Tubular Goods (4/83-3/84) 49 FR 35826 (9/12/84-prelim);   49 FR 46567 (11/27/84-final) not used

Somisa receives a 100 percent exemption of its capital tax liability. This exemption was originally authorized by Decree 5038/61, and is currently authorized by Decree 548/81. Decree 548/81, which applies specifically to Somisa, provides a 100 percent capital tax exemption and a 33 percent income tax exemption on fixed assets and real estate. These exemptions are countervailable because they are limited to a specific enterprise.

Government Assumption of SOMISA Debt

Hot-Rolled Carbon Steel Flat Products (SR) (Expedited Review - no prelim);   71 FR 70960 (12/7/06-final);   Final Memo
Hot-Rolled Carbon Steel Flat Products (1999) 66 FR 10991 (2/21/01-prelim);   66 FR 37007 (7/16/01-final);   Final Memo

The Government of Argentina restructured SOMISA in 1992 by transferring SOMISA's productive assets to a company name APSA. As part of the process, the government directly assumed some of SOMISA's debt. Because the debt assumption was limited to the producer of the subject merchandise and to government-owned companies in the process of being privatized, we determined that the debt assumption was specific under the Act. The debt forgiveness also constitutes a financial contribution in the form of a grant because it is effectively a direct transfer of funds within the meaning of the Act.

Investment Commitment

Hot-Rolled Carbon Steel Flat Products (SR) (Expedited Review - no prelim);   71 FR 70960 (12/7/06-final);   Final Memo
Hot-Rolled Carbon Steel Flat Products (1999) 66 FR 10991 (2/21/01-prelim);   66 FR 37007 (7/16/01-final);   Final Memo

The Government of Argentina required, at the time of SOMISA's privatization, that all bidders infuse $100 million into the company within two years of the sale. We determined that the investment commitment was conducted at the behest of the government, and this investment conferred countervailable benefits upon Siderar during the period of investigation. Because this assistance was limited to the producer of the subject merchandise, we determined that this program is specific under the Act.

Oil Residue Coal at Preferential Prices

Carbon Steel Flat Products (1987) 56 FR 419 (1/4/91-prelim);   56 FR 28527 (6/21/91-final) not used
Carbon Steel Flat Products (7/86-6/83) 49 FR 5151 (2/10/84-prelim);   (49 FR 18006 (4/26/84-final)

The prices of all oil products, including oil residue coal, are set by the GOA and provided in a list to producers. On the list, a price is quoted for oil residue coal used as a fuel, and a separate, lower price is quoted for oil residue coal used in the steel industry. We determined that the lower preferential price for oil residue coal used by the steel industry provides a benefit to a specific industry or group of industries and is therefore countervailable.

Relief from Liquidation Costs

Hot-Rolled Carbon Steel Flat Products (SR) (Expedited Review - no prelim);   71 FR 70960 (12/7/06-final);   Final Memo
Hot-Rolled Carbon Steel Flat Products (1999) 66 FR 10991 (2/21/01-prelim);   66 FR 37007 (7/16/01-final);   Final Memo

The Government of Argentina undertook liquidation costs associated with transferring SOMISA's productive assets to APSA. These costs included closing down and dismantling redundant facilities and environmental liabilities. We determined that the government undertook these costs which should have been attributed to APSA. Because this relief of liquidation expenses was limited to the producer of the subject merchandise and to government-owned companies in the process of being privatized, we determined that this program is specific under the Act.


SUBSIDY PROGRAMS FOUND TO BE NOT COUNTERVAILABLE

The subsidy programs listed below have been investigated by the Department and have been found to be "not countervailable" based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed under the subsidy program title for a full explanation of the Department's analysis in each case where the subsidy program has been examined.

  • AGRICULTURAL PRODUCTS

Buenos Aires Micro-, Small- and Medium-Sized Businesses (MIPyMEs) Agreement for 2000 and the Buenos Aires Agricultural MIPyMEs Agreement for 2000

Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo

The "Convenio Programa MIPyMEs Bonarenses 2000" and the "Convenio Programa MIPyMEs Agropecarias Bonarense 2000," together comprise the MIPyMEs Agreement. This program is administered by the Banco de la Provincia de Buenos Aires (Banco Provincia or BAPRO) and its goal is to preserve and assist in the development of small businesses. MIPyMEs is the acronym for Micros, Peque[ntilde]as y Medianas Empresas (micro- small-, and medium sized businesses). In general, under the MIPyMEs Agreement, loans are granted for purposes of working capital and investment. The terms (length) of the loans varied and were based on the nature of the borrower. The Province can defray the interest on these loans up to four percent annually. We determined that the loans offered under the MIPyMEs Agreement are not countervailable subsidies within the meaning of the Act.

Law 22,913 Emergency Aid/Emergency Agricultural and Livestock Law

Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

In 1983, Law 22,913 established an agricultural disaster relief program adminstered by the National Commission on Agricultural Emergencies (CNEA). This program provides financial, tax and transportation relief to areas designated to be in a state of emergency or state of disaster. Any agricultural and livestock producer is eligible for emergency aid when its province is certified as an emergency or a disaster area. We determined that this relief was generally available, and, as such, was not countervailable.

  • STEEL

"Committed Investment" Into APSA

Cold-Rolled Carbon Steel Flat Products (7/00-6/01) 67 FR 9670 (3/4/02-prelim);   67 FR 62106 (10/3/02-final);   Final Memo

At the time of APSA's privatization in 1992, the GOA required all bidders to commit to invest $100 million in equity into APSA during the two years following the company's sale. We determined this program to be not countervailable.

Export Subsidies: Reintegro for the Steel Industry

Cold-Rolled Carbon Steel Flat Products (7/00-6/01) 67 FR 9670 (3/4/02-prelim);   67 FR 62106 (10/3/02-final);   Final Memo

The Reintegro program entitles Argentine exporters to a rebate of various internal and domestic taxes levied during the production, distribution, and sales process on many exported products. The Reintegro is calculated as a percentage of the FOB invoice price of an exported product. In this instance, we found that the actual tax paid was higher than the Reintegro rate. Therefore, we found this program to be not countervailable.

Preferential Pricing for Purchases of Inputs

Carbon Steel Flat Products (1987) 56 FR 419 (1/4/91-prelim);   56 FR 28527 (6/21/91-final) not used
Carbon Steel Flat Products (7/76-6/83) 49 FR 5151 (2/10/84-prelim);   49 FR 18006 (4/26/84-final)

There is no indication that companies receive special discounts on purchases of inputs intended for export production.


SUBSIDY PROGRAMS THAT HAVE BEEN TERMINATED

The subsidy programs listed below have been investigated by the Department and have been found to have been terminated based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed below the subsidy program title for a full explanation of the Department's analysis in each of these cases.

  • AGRICULTURE

Formosa Honey Program/Undomesticated Bee Development Project

Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

[Terminated in 1996] No program description available.

PROMEX Consortium for Honey Exportation

Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

(Terminated 1998) The PROMEX export promotion program was created in 1990 through joint funding from the World Bank and the IDB. PROMEX provided export promotion assistance to small and medium-sized business. This program was terminated in 1998, and the last grant provided under this program was distributed on September 15, 1997.

  • STEEL

Benefits Under the "Argentine Steel Industry Development Contribution Fund"

Oil Country Tubular Goods (4/83-3/84) 49 FR 35826 (9/12/84-prelim);   49 FR 46568 (11/27/84-final) not used

The Argentine Steel Industry Development Contribution Fund earmarked certain import surcharge taxes for steel industry development. This fund was eliminated January 16, 1981 by Law 22.374.

  • TEXTILE PRODUCTS

Government Assistance to Wool Growers in Patagonia

Wool (1986) 53 FR 26101 (7/11/88-prelim);   53 FR 44060 (11/1/88-final) not used
Wool (1985) 52 FR 5808 (2/26/87-prelim);   52 FR 23196 (6/18/87-final) not used
Wool (7/83-6/84) 50 FR 19065 (5/6/85- prelim);   50 FR 37716 (9/17/85-final) not used
Wool (1/83-6/83) 49 FR 6398 (2/21/84-prelim);   49 FR 17559 (4/24/84-final) not used
Wool (1/82-6/82) 48 FR 2162 (1/18/83-prelim);   48 FR 14423 (4/4/83-final)

(Terminated October 20, 1982 by Decree No. 936) Wool producers in the Patagonian Zone received a compensation per kilogram of wool sold during the 1979/80, 1980/81, and 1981/82 wool harvests.


SUBSIDY PROGRAMS THAT HAVE NOT BEEN USED

When potential subsidy programs are investigated and found not to be used by the companies being investigated, the Department makes no determination as to their countervailability. If you click on the cases listed under the subsidy program title, you will be linked to each case in which the subsidy program was referenced.

  • AGRICULTURAL PRODUCTS

BNA Line of Credit to the Agricultural Producers of the Patagonia (Regulation Annex to Circular BNA No. 10,111/1)

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo not used

The BNA offers a line of credit to the agricultural producers in the Patagonian region to promote and finance investments oriented to diversifying production activities in eligible provinces. This line of credit is limited to those producers who had previously obtained loans purusant to the credit line "Supervised Loans for the Agricultural and Agro-Industrial Production" that was implemented by the BNA in 1992. Honey producers and exporters are not among those eligible to receive this financing.

"Production Pole" Program for Honey Producers

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo not used

The Government of Argentina established the "Production Poles" program to provide assistance to small businesses pursuant to Decree 1304/94. Under this program, businesses interested in participating in a production pole enter into an agreement with the National and Provincial Government and the respective municipality. The administering authority provides technical advice, grants for capital goods and working capital. The honey production pole only received non-recurring grants under this program during 1994.

Province of Chabut Honey Program Under Law No. 4430/98

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo not used

Law No. 4430/98 was promulgated in 1998 to provide support to the provincial honey industry, instructing executive government agencies to implement programs to develop honey production, standardization, processing, industrialization, marketing, use of products and byproducts, and to support and encourage research, experimentation and training geared toward the development and use of apiarian byproducts. In accordance with the stated purpose of Law No. 4430/98, CORFO, the agency responsible for the implementation of agricultural policy in Chubut, implemented Resolution 057/99, creating the Honey Activity Development Program to provide the credit lines approved under Decree 491. This program provides lines of credit for the acquisition of beehives, nuclei, work clothing, beekeeping material and equipment, and the purchasing of queen bees. Under this program, interest-free loans are provided for five-year terms, with repayments due annually and consecutively. The first payments of loans occurred after the period of investigation. We therefore determined that this program was not used.

Province of Santiago del Estero: Creditos de Confianza (Trust Credits

Honey (2003) 69 FR 76450 (12/21/04-prelim);   70 FR 36563 (6/24/05-final) not used
Honey (1/01-12/02) 68 FR 69660 (12/15/03-prelim);   69 FR 29518 (5/24/04-final);   Final Memo not used
Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo not used

In 1997, the Government of Santiago del Estero authorized the Trust Credits Program. The line of credit provided under this program is designed for low-income honey producers. A producer's beehives and profits earned from honey production comprise the collateral for the loans. Since none of the honey produced in Santiago del Estero was exported to the United States during the period of investigation, we determined this program to be not used.

  • STEEL

Assumption of Debt and Liquidation Costs

Cold-Rolled Carbon Steel Flat Products (7/00-6/01) 67 FR 9670 (3/4/02-prelim);   67 FR 62106 (10/3/02-final);   Final Memo not used

No program description available.

Capital Grants

Carbon Steel Flat Products (1991) 62 FR 38262 (7/17/97-prelim);   62 FR 52975 (10/10/97-final) not used
Carbon Steel Flat Products (1987) 56 FR 419 (1/4/91-prelim);   56 FR 28527 (6/21/91-final) not used
Carbon Steel Flat Products (7/76-6/83) 49 FR 5151 (2/10/84-prelim);   49 FR 18006 (4/26/84-final) not used
Carbon Steel Wire Rod (1981) 47 FR 30539 (7/14/82-prelim);   Investigation Suspended 47 FR 42393 (9/27/82) not used
Oil Country Tubular Goods (1991) 62 FR 32312 (6/13/97-prelim);   62 FR 55590 (10/27/97-final) not used
Oil Country Tubular Goods (1989) 56 FR 50857 (10/9/91-prelim);   56 FR 64493 (12/10/91-final) not used
Oil Country Tubular Goods (1987/88) 56 FR 2754 (1/24/91-prelim);   56 FR 38117 (8/12/91-final) not used

No program description available.

Debt Forgiveness

Carbon Steel Flat Products (1991) 62 FR 38262 (7/17/97-prelim);   62 FR 52975 (10/10/97-final) not used
Carbon Steel Flat Products (1987) 56 FR 419 (1/4/91-prelim);   56 FR 28527 (6/21/91-final) not used
Carbon Steel Flat Products (7/76-6/83) 49 FR 5151 (2/10/84-prelim);   49 FR 18006 (4/26/84-final) not used
Oil Country Tubular Goods (1991) 62 FR 32309 (6/13/97-prelim);   62 FR 55590 (10/27/97-final) not used

No program description available.

Preferential Exchange Rates for Steel Industry Imports

Oil Country Tubular Goods (4/83-3/84) 49 FR 35826 (9/12/84-prelim);   49 FR 46567 (11/27/84-final) not used

From July 6, 1982 through October 31, 1982, there was a dual exchange rate in Argentina. One rate existed for "commercial" transactions and one for "financial." On November 1, 1982, the Central Bank established a single exchange rate.

Price Premiums From Argentine Government Purchases of Argentine-Produced Steel

Oil Country Tubular Goods (4/83-3/84) 49 FR 35826 (9/12/84-prelim);   49 FR 46567 (11/27/84-final) not used
Oil Country Tubular Goods (1987/88) 56 FR 2753 (1/24/91-prelim);   56 FR 38116 (8/12/91-final) not used

No program description available.

Subsidized Raw Material Inputs Under Decree 619

Carbon Steel Flat Products (7/76-6/83) 49 FR 5151 (2/10/84-prelim);   49 FR 18006 (4/26/84-final) not used
Oil Country Tubular Goods (4/83-3/84) 49 FR 35826 (9/12/84-prelim);   49 FR 46567 (11/27/84-final) not used

Decree 619 provides that the Argentine government may subsidize industries supplying basic inputs, such as oil, residue oil, electricity, and natural gas, to the steel industry.


SUBSIDY PROGRAMS DETERMINED NOT TO EXIST

The following subsidy programs were alleged by the petitioning industries and were investigated by the Department. However, during the investigation we found no evidence that such programs actually existed. If you click on the cases listed under the subsidy program title, you will be linked to each case in which the subsidy program was referenced. It is possible that, while the program named did not exist, a similar program having a different name actually was investigated. If this is the case, you will find that program listed elsewhere in this library.

  • AGRICULTURAL PRODUCTS

Honey-Specific Line-of-Credit Program for the Pre-Financing of Development Expenses Associated with Export Sales

Honey (1999) 66 FR 14521 (3/13/01-prelim);   66 FR 50613 (10/04/01-final);   Final Memo

We determined that this program is the same as one of the lines of credit available under the Buenos Aires Honey Program.

  • STEEL

Tax Concessions for the Steel Industry

Carbon Steel Flat Products (1991) 62 FR 38263 (7/17/97-prelim);   FR 52975 (10/10/97-final)
Oil Country Tubular Goods (1991) 62 FR 32309 (6/13/97-prelim);   62 FR 55590 (10/27/97-final)

Paragraph 8 of the April 11, 1991 Steel Agreement between the Government of Argentina and the Argentine steel producers states that the industry's Reembolso level will be studied taking into account the tax incidence of steel producers.