INDUSTRIAL PROMOTION Decree 998/98 Please note that the benefits granted to industrial enterprises under Act No. 19,640 will be valid until 31 December 2013 or not by the product substitution regime established by Decree No. 479 of 4/4/95. Bs. As., 27/8/98

VISTO Issue No. 060-003044/98 of the Register of the MINISTERY of ECONOMY AND PUBLIC SERVICES, and

CONSIDERING:

That Article 6 of the Decision of the Common Market Council (CMC) of the Common Market of the South (MERCOSUR) No. 8 of 5 August 1994, extends until 2013 the period for the entry into the domestic market of the States Parties .with intrazone treatment of the goods manufactured in the Free Zone of Manaus and in the Special Customs Area of the Province of Tierra del Fuego, Antarctica and South Islands.

That the ratification of the treatment of which they sell enjoyed the goods manufactured in the Free Trade Area of Manaus and in the Special Customs Area of the Province of Tierra del Fuego, Antarctica and South Atlantic Islands was due to the particularity of these, in both cases, of promotional regimes.

That the former are the only MERCOSUR regimes benefited from intrazone treatment, by virtue of their pre-existence to the Treaty of Assumption.

That the NATIONAL CONSTITUTION guarantees norms such as the Decision of the Common Market Council (CMC) No. 8/94, a legal character equivalent to the Treaty of which it emerges, that is, of a nature superior to that of a law.

That Decree No. 479 of 4 April 1995 proposes in its considerations, among other objectives, to encourage the reconversion of the wild industry, which is technically feasible only in the long term.

It is necessary to clarify that the benefits granted to industrial enterprises under Act No. 19,640 will be valid until 31 December 2013 or not by the product substitution regime created by Decree No. 479 of 4 April 1995.

That the final decision to establish new and important investments in the Big Island of Tierra del Fuego, by the current beneficiaries of the Law No. 19,640 regime, needs for its realization of the explicitness of all the elements that make the legal security of the current enterprises.

That the General Directorate of Humanitarian Affairs of the MINISTERY OF ECONOMY AND ARTWS AND SERVICES PUBLICOS has taken the intervention that belongs to him.

That the present measure is determined in the use of the powers conferred by article 99, paragraphs 1 and 2 of the NATIONAL CONSTITUTION.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1 a Please clarify that with regard to the provisions of article 1 of the Decree No. 479 of 4 April 1995, it should be interpreted that the benefits accorded to industrial enterprises under Act No. 19,640, shall be valid until 31 December 2013, make option or not by the regime of substitution of products created by the decree. Art. 2° . Communicate, publish, give to the National Directorate of the Official Register and archvese. . MENEM. . Jorge A. Rodriguez. . Roque B. Fernández. Guido Di Tella. . Carlos V. Corach.