Unions sign agreement to end port strike in Argentina

On December 29th, CIARA, (the oil industry chamber of the Argentine Republic) reported that after a 20-day strike, an agreement was reached with the workers’ unions to suspend the blockade.

Argentina’s port and grain processing activities have been affected since December 9, when two workers’ unions in the processing industry and one technician union from the port of Urgara started a simultaneous strike over wage claims.

“CIARA had called for joint work without conflicts; this led to a significant decrease in competitiveness with penalties for non-compliance and loss of markets and exports,” said a statement.

Argentina is the world’s largest exporter of soy oil and soybean meal, and the agro-industrial and port hub located to the north of Rosario ships around 80% of the sector’s exports from the South American country.

Source: Reuters

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