70 leather factories have closed in Argentina according to CIMA

Published:  20 July, 2018

According to the President of the Argentina Chamber of Leather and Allied Manufacturers (CIMA), Ariel Aguilar a fall in domestic consumption, the increase of imports and the rise in business and interest rates have made many companies unviable and have caused the loss of more than 3,000 jobs and the closure of 70 leather factories in 2018.

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