Textile businessmen urge gov’t to regulate informal markets

Members of the CAIByN Babies and Kids Clothing Argentine Chamber urged the national government to regulate the situation of all informal retail sales markets like “Feria de La Salada” in order to avoid unfair competition.

In a communiqué, the chamber remarked that informal fairs “are substantially damaging the textile industry as they sell products at prices that sometimes are 400 percent cheaper than those at stores and shopping malls», and adds, “This is possible since the illegal practices they conduct as for example tax evasion, slave work, and corruption.”

CAIByN’s head, Víctor Hugo Benyakar, warned “La Salada [south America’s biggest black market] is an illegal fair full of corruption. It is time to choose between an industrial nation model or just grossing the business of one man only”
Benyakar, also remembered that “Argentine textile businessmen pay their taxes, employees’ benefits, plus all service expenses while the people working at La Salada don’t pay any taxes, they just pay the rent for their stores.”

Source: Buenos Aires Herald