Carlos Manzoni, at La Nación, explains that decisions and policies made by Secretary of Commerce Moreno are not the only obstacles to Argentinean balance of trade: there are also many external factors that may be detrimental.
Some of these external factors are the ongoing conflict between Argentina and UK regarding the sovereignty of Malvinas Islands; institutional and political crises in the Arab countries –especially the Egyptian and Iranian case-; the crisis in EU and the local rejection to the mining industry.
All these external crises and conflicts are likely to have an impact on the balance of trade. If the crises continue those markets, which are important trading partners of the country, will start to buy less and less from Argentina. The crisis in EU could also affect the country’s productivity, since Argentina is still highly dependent from electronic and industrial materials produced in the Eurozone. (link to article)