Tuesday , 16 July 2019
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Port of Buenos Aires relocates Paraguayan free zone to “facilitate foreign trade”

The Port of Buenos Aires has agreed to relocate a 10,700 sq m free zone that Paraguay has within the Argentine port’s jurisdiction, originally granted in 1997.

It will be relocated to a new area in the vicinity of Dock F so that “unlike what happened in previous year, it is operational and fulfils its objective to facilitate the foreign trade of the region,” noted a statement from the port authority.

The zone, which is used as a warehouse and distribution centre for imported merchandise, covers 10,700 sq m in the port’s South Zone.

According to the port authority, the agreement will encourage the arrival of Paraguayan transhipment cargo since the new property is close to the exclusive wharf for barges.

This can facilitate the loading and unloading thereof and considerably reduce operating and transfer costs, it added in a statement.

Gonzalo Mórtola, administrator at the port, said: “What happened with this property is a clear representation of what happened with the administration of our country during the last governments. The little care and abandonment of state property that could have been used for the benefit of all Argentines was, unfortunately, common currency.

He continued: “From the very first moment that we assumed our role as port authority, we have worked tirelessly to recover these wasted and abandoned spaces: docking places in the docks, warehouses, garbage dumps, scattered scrap, etc., since we understand that they can and should be used as a greater goal, which is to enhance the foreign trade of our country, strengthen the relationship of friendship and trade with the region and strengthen our regional economies and industries.”

The implementation of a single customs corridor that will internally connect all port terminals is being developed jointly with the Argentine Customs Office.