Argentina. The Argentine Chamber of Electronic Security – Casel, issued its point of view against the restrictions imposed by the BCRA on foreign exchange transfers abroad and that forces importers to finance themselves with their suppliers within a period of 180 days from the date of dispatch to the square.
Casel, as a representative of SMEs, importers, manufacturers, distributors, integrators, monitorers and installers of electronic security systems, ensures that Resolution 7532 of the B.C.R.A, will affect the industry in different ways:
No exporter grants such a period to an Argentine SME company:
1- This measure puts at risk the stocks of importers.
2- It causes the unfailing loss of the credits obtained demonstrating compliance and solvency.
3- It does not protect SMEs companies from branches of multinational parent companies that can be financed.
4- It does not take into account that our sector imports intermediate essential products that make up a final product.
5- The aforementioned resolution is retroactive and harms companies that, having obtained import permits (SIMIS) and having already transferred advances to their suppliers to concatenate production schedules abroad, curtails compliance with what was previously agreed.
Casel assures that as a result of the above, the continuity of the provision of products for the manufacture and distribution of security systems essential for banking security, neighborhood security, commercial security, perimeter security, fire prevention system security, satellite security, industrial batteries for electromedical systems (alternatively) is put at risk.
"This resolution hits our sector, electronic security, hard because there is a danger of shortages, putting at risk the jobs of all personnel in the value production chain. In addition, this has a collateral impact on the heritage and safety of people, because we cannot count on the necessary equipment to carry out our activities", says the Chamber.
