Argentina grain exports halt as maritime pilots strike over Milei decree
Summary
Maritime pilots in Argentina have gone on strike to protest a new government rule that changes how river navigation is managed. The strike has stopped ships from moving through key grain ports, disrupting exports of products like soybeans, corn, and wheat, which are important to global food markets.Key Facts
- Argentina is a top exporter of soybeans, corn, and wheat, mainly shipping these through ports on the Paraná River.
- Maritime pilots, who navigate ships through Argentina’s rivers and ports, started a strike after a decree was issued to deregulate river navigation services.
- The decree was signed by Argentinian President Javier Milei to modernize and simplify rules around pilotage services.
- The pilots’ union is concerned the decree could reduce demand for their services and threaten their jobs.
- At least 45 ships were stuck due to the strike, with more expected to be affected if it continues.
- Argentina’s coastguard ordered the pilots to return to work and warned of possible penalties.
- The disruption affects a large part of the world’s grain supply.
- Argentina recently ratified an EU-Mercosur trade deal that removes tariffs on most goods traded between the EU and South America.
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