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export quota Archives: • June, 2008

Will Argentina fail to reach its export quota?

By Website Introductions at 06/16/08 11:01

In what can be seen to be a surprising event, Argentina may fail to fulfill its export quota of beef to the European Union.

According to the contract, Argentina is supposed to supply around $28,000 tons of boneless beef to the countries of the EU, selling the meat at around $10,000 US dollars every ton.

Officials are still hoping to reach its quota as the EU might put sanctions on Argentina if the contract is not fulfilled.

Link: Mercopress

Tags: export quota • economy •
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export quota Archives: • June, 2008

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