'Leaving confrontations aside is essential for economic growth,' De Mendiguren warns

UIA Argentine Industrial Union leader José Ignacio de Mendiguren assured that in order to move forward with economic development “it is essential to end with national confrontations” and warned that the worst scenario for Argentine finances is that Brazil’s economy growth stalls.

“This moment is very special, the industry has impartial figures of growth and exports. The idea is to move forward with that progress and development process. We must end with national confrontations,”

Likewise, De Mendiguren deemed the inflation rate’s increase in the Government's decision of not resigning growth, and stated that that can be solved by accompanying it with more investment.

“The world is in extremely complicated situation. Brazil is a cause for concern because it has competitivity issues, and the worst case scenario for Argentina is that Brazilian economy stops growing.”

Regarding Central Labour Confederation leadeHugo Moyano, de Mendiguren revealed they have had their share of feud. “We argue quite a lot with Moyano for present matters and we don’t put future in perspective. When I tell him there will be more trains, he thinks there will be less trucks, even though the railway has a 25 percent stake of the national fleet, the number of trucks will grow thrice as much.”