On May 8, Argentine Ministry of Economy announced that it will continue to implement the policy of exempting milk products from export withholding tax, valid until June 30, 2025. The implementation of this policy began at the end of 2023, in view of the crisis situation in the dairy industry at that time, the then government actively took measures to help the dairy sector overcome the difficult situation. According to the report, the government's move will help improve the predictability and competitiveness of the dairy industry's development, and improve the production and technology level of milk products by attracting investment.