Sticker Snafu Has Millions in Imports Stuck in Argentina’s Warehouses
Date: Monday, April 16, 2018
A shortage of green stickers is holding up millions of dollars worth of imports at Argentine ports.
Customs officials affix the stamps to goods that are approved to enter the country, but the supply was exhausted on April 9. Now items such as clothes, watches and motorcycles are stuck in warehouses, unable to be sold to the nation’s eager consumers.
The timbres, as they are known in Spanish, are designed to reduce fraud and trace imports. But to most Argentines they feel like leftovers of the excessive bureaucratic procedures that have made the South American nation one of the world’s most closed-off economies. And they’re a reminder that despite all of President Mauricio Macri’s efforts to increase trade, he still has a long way to go to make local markets more efficient.
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