E.E.C. AFFECTS ARGENTINA

Press, Volume CI, Issue 29798, 14 April 1962, Page 13

E.E.C. AFFECTS ARGENTINA

Search For New Markets

Like New Zealand, the Argentine was looking for other markets for its meat exports since the British Government had signified its intention of joining the European Economic Community. said Dr. J. E. Scwarz, an Argentinian physician, in an interview in Christchurch He said that beef was Argentina’s main export and any measures that threatened the entry of its beef into the British market could have serious repercussions on Argentina’s economy. As a primary-producing nation, New Zealand could appreciate the Argentine's view when it was knpwn that some of the cattle farms in the Argentine would cover an area almost as big as the North Island, said Dr Scwarz. If New Zealand and the Argentine had to seek new markets, there could be a clash, he said. New Zealand would be trying to sell its mutton and lamb and the Argentine its beef, but both would be trying to sell meat in new markets. While the raising and export of beef was an integral part of the Argentine's economy, the Argentine Government had not neglected the fostering of secondary industries, said Dr. Scwarz Other countries had been encouraged to invest capital and as a result of this policy, strong industrial and labour groups had been formed in the cities.