Published legislation and draft legislation - Argentina

Regulations for the MSME Monitoring & Competitiveness Council

Resolution 149/2018 SEPyME

On 1 October the Entrepreneurs', Small & Medium Enterprises' Secretariat (SEPyME) published Resolution 149/2018 regulating the Monitoring & Competitiveness Council for Micro, Small & Medium-sized Enterprises (MSME), set up under Act 27.264, 13 July 2016, to promote MSMEs, as we discussed in Progreso 9.

The Resolution, passed pursuant to article 56 of the Act, regulates key aspects of how the MSME Monitoring & Competitiveness Council works:

Functions

  • To analyze the current regulatory framework applying to MSMEs and prepare proposals for its improvement
  • To formulate policies and mechanisms to strengthen the competitiveness, productivity and financing of MSMEs and help them do international business
  • To analyze and assess the administrative and bureaucratic burden, the impact of foreign trade on the domestic production and employment in MSMEs
  • To encourage the creation, integration and efficiency of productive value chains

Composition

The Council will be made up of public- and private-sector stakeholders and will meet at least three times a year. There will be a representative from SEPyME and another from the Ministry of Production & Work, depending on the issues being covered; as well as representatives from the Argentine Industrial Union, the General Employers' Confederation of the Argentine Republic and the Limited Agricultural Confederation of Cooperatives, together with someone from the Argentine Chamber of Medium-sized Companies and from the Chamber of Commerce & Services.

The regulations also make provisions for the participation of all those public bodies, public/private institutions, trade chambers and confederations that SEPYME convenes in the capacity of guests.