Argentine lower house gives green light to law that prioritizes national public purchase

The Chamber of Deputies of Argentina today gave half a sanction to a bill to favor national production in purchases made by the State, informed government sources.

Buenos Aires, Nov 22 (EFE) .- The Chamber of Deputies of Argentina today gave half a sanction to a bill to favor national production in purchases made by the State, reported Government sources.

The initiative, called "Buy Argentina", will now be voted in the Senate, where it could finally be approved after receiving in the Chamber of Deputies -The Lower House- 188 votes in favor, including those of Kirchnerism, and four votes against, of left-wing legislators.

Among the main points of the law are the increase in the margins of preference for Argentine goods, from 7% to 15% for SMEs and from 5% to 8% in the case of large companies; when bidding for goods not produced in the country, or the creation of a national supplier development program.

In addition, they will be reserved for offers made by Argentine companies in the purchases of public administrations up to 1.3 million pesos (about 74,000 dollars) in the case of goods and 100 million pesos (about 5.7 million dollars) in housing projects and public buildings.

Likewise, there will be the opportunity to improve its offer in competitions to national SMEs in purchases of less than 20 million pesos (about 1.1 million pesos). Dollars).