Expectations for the Footwear Promotion Bill
In mid-September, the bill focused on promoting the footwear sector obtained approval from the Labor Legislation, Budget and Finance, and Industry committees of the Chamber of Deputies of the Nation.
The proposal, developed by the Deputy of the Frente de Todos party, Constanza Alonso, was not supported by Juntos por el Cambio. As a result, only the ruling party legislators endorsed the initiative, as reported by Parlamentario.
The project is an attempt to provide clear rules for greater predictability in the industry, according to Alonso's statements. In contrast, it is expected that investments and productive resources will be a return to the State as part of the requirements for the sector.