Rule · BCRA · 16 May 1983 · A 316

Circular Active Operations - OPRAC 1 - 18. Regimes for Prefinancing and Financing of Promoted Exports

The Central Bank of the Republic of Argentina reclassifies N.A.D.E. position 73.18.02.09 from List 3 (point 2.3.17) to List 2 (point 2.3.16) within Chapter I of Circular OPRAC-1. When goods under this classification are acquired by foreign public service companies for infrastructure projects, the financing must adhere to the requirements of List 1 (point 2.3.15). This directive applies to all financial entities.

ArgentinaBanco Central de la Republica Argentina

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMMUNICATION "A" 316 16/05/83
TO FINANCIAL ENTITIES:
Ref.: Circular ACTIVE OPERATIONS - OPRAC - 1

18. Regimes for Prefinancing and Financing of Promoted Exports.

We address you regarding the provisions made known through the aforementioned Circular, to inform you that this Central Bank has resolved the following:

"- Transfer from List 3, point 2.3.17, to List 2, point 2.3.16, of Chapter I of Circular OPRAC - 1, the N.A.D.E. position 73.18.02.09. When the goods dispatched under the aforementioned heading are acquired by foreign public service companies for their incorporation into infrastructure works, the financing abroad shall be that corresponding to List 1, point 2.3.15."

We salute you very attentively.

BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
Jorge E. Magistrelli
Manager of Foreign Exchange and Currency
Evaristo H. Evangelista
Deputy General Manager

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A Notice No. 316 dated 1983-05-16Not in RegAlert
“We address you regarding the provisions made known through the aforementioned Circular, to inform you that this Central Bank has resolved the following:”