Secretary of Internal Commerce, William HengOn Thursday afternoon, he met with representatives of the flour, pasta and oil industries at a meeting in which Agreed to strengthen and strengthen the Argentine Wheat Stabilizer Fund (FETA) with more company participation.

In addition to the technical teams of the Secretariat, the President of the Argentine Federation of Milling Industries Diego H. Digital; Gustavo Idigoras, President of the Chamber of Petroleum Industry and the Grain Exporters (CIARA-CEC); Juan Manuel Airoldes, President of the Union of Noodle Producers of the Republic of Argentina (UIFRA); Maria Marta Rebiso, Manager of the Chamber of Petroleum Industry of the Republic of Argentina (CIARA); Director of Molinos Río de la Plata Mariano Egua; And Molino Caniuelas manager David Weinmann.

At the same time it has been established that FETA is the main target Ensure the continuity of the policy of separation of local food prices from international prices. With this in mind, Kommers decided to merge this fund with the countercyclical and thus subsidize flour and reduce the prices of noodles and bread.

Due to the latter anticyclical trust, which subsidized this raw material, which was created by 1% of the FOB value of the export of corn and wheat products (the value of the goods placed on board the sea transport), The budget has run out -He had a $ 25 million game.

Thus Companies that were part of the countercyclical fund will join FETA -Whose collection ranges from $ 370 to $ 400 million. Thus, the funds invested in the private route will be diverted to FETA, which will strengthen public-private partnerships.

The event, meanwhile, seeks to strengthen and sustain sustainability policies. As for its enactment, the relevant regulations will be published in the coming days, which will ensure the availability of compensation funds during the re-ordering period by the Ministry of Internal Affairs.

It is established that The integration of both trusts will be completed only in July.