Argentina Removes Oil Export Taxes, Boosts Energy Sector
Update: 2025-11-18
Description
Argentinas government announces removal of export taxes on conventional oil from Chubut province, aiming to boost the regions oil industry and potentially apply the change to other provinces. This move, part of a new export tax system, is designed to encourage development and stability in the energy sector. The decision comes as Argentina sees significant success in energy exports, with a trade surplus of five point three six eight billion dollars in the first nine months of the year. The policy change is expected to further support the energy sector and stimulate economic growth.
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