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Free trader or free traitor? Argentina's top exports negotiator opens markets, but detractors call him a sellout. (Policymakers).


It's hard to picture Martin Redrado, Argentina's Secretary of Commerce and International Economic Relations, sipping espresso like the quintessential bureaucrat. A free-market Harvard whiz kid whiz kid
n. Informal
A young person who is exceptionally intelligent, innovatively clever, or precociously successful.



[Alteration of Quiz Kid, a panelist on an early game show.]
 who earned his stripes under the president who opened Argentina, Carlos Menem Carlos Saúl Menem (born July 2, 1930) was President of Argentina from July 8, 1989 to December 10, 1999 for the Justicialist Party (Peronist) very infamous and criticized due corruption and his dubious handling of the investigations of the 1992 Israeli Embassy bombing and the 1994 , Redrado passes on the customary cortado, opting instead for a yogurt.

Redrado needs all the energy he can get. As Argentina's chief trade negotiator, it's his job to open foreign markets. One year on the job, he has raced around the globe, successfully negotiating trade pacts worth more than US$3 billion, more than double previous years' deals.

Among the highlights: Duty-free exports of $400 million in Argentinemade vehicles annually to Mexico; Argentina's return to the preferred-nation status with United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , worth $570 million duty-free, plus steel exemptions of another $150 million; and the opening of China, Malaysia, Russia and Thailand to Argentine beef and agricultural products.

Redrado credits the flurry of deals to the "de-ideologization" of Argentine trade relations. The once-strong peso trained generations of business owners to focus on domestic clients. Export growth hung, too, he says, on an ultimately futile debate over who the country's natural trading partners should be.

Some advocated so-called "carnal carnal adjective Referring to the flesh, to baser instincts, often referring to sexual “knowledge”  relations" with the United States, including a future Alaska-to-Tierra-delFuego trade pact, now known as the Free Trade Area of the Americas The Free Trade Area of the Americas (FTAA) (Spanish: Área de Libre Comercio de las Américas (ALCA), French: Zone de libre-échange des Amériques (ZLÉA), Portuguese: Área de Livre Comércio das Américas , or FTAA FTAA Free Trade Area of the Americas
FTAA Free Trade Agreement of the Americas
FTAA Florida Turkish American Association
FTAA Federated Tanners Association of Australia
FTAA Fixed Threshold Adaptation Algorithm
. Industrialists, meanwhile, lobbied for regional integration with huge neighbor Brazil and the Mercosur trade group.

Instead, Redrado is signing deals wherever he can, pais por pais, producto par producto, as he says, a reflection of how trade deals increasingly get done elsewhere. "It's a policy of micro-deals that over time will create an aggregate, macro effect in the form of more work for Argentina," says the 41-year-old economist.

Producers are pleased. "He's accomplished more-in a short time, with a jalopy of an economy-than previous administrations were able [to do] riding in a Mercedes Benz" says Roberto Smiraglia, president of steel exporter Ferroexport and director of the C~mara Mara (mâr`ə) [Heb.,=bitter], in the Bible, punning name taken by Naomi out of sorrow.
Mara

Buddhist Lord of the Senses, who repeatedly tempted the Buddha Gautama.
 de Exportadores de la Republica Argentina.

Pitch perfect. The key to Redrado's success is a free-market pitch polished over a decade's work in the private sector. "He's a tireless salesman, more than ever the one quality anyone in his position needs to have today:' says Jorge Campbell, a trade consultant who held Redrada's post under Menem.

A University of Buenos Aires To enter any of the available programmes of study in the university, students who have successfully completed high school must pass a first year common to all faculties. This first year is called "CBC", which stands for "Ciclo Básico Común" (Common Basic Cycle).  graduate, Redrado first worked for Wall Street icons like Salomon Brothers, restructuring Latin American companies after the 1980s debt crisis. He later helped Harvard economist Jeffrey Sachs launch an economic program for Bolivia and earned a master's degree in public administration from the school.

In 1991, Menem named Redrado president of Argentina's stock exchange regulator, the Comision Nacional de Valores. He then acted as chief economist at free-market think tank Fundacion Capital and directed a small fund, Trident Investment Group Inc.

In his new position, both Redrado and Argentina have far more on the line-the country's rebirth as an export powerhouse, upon which the recovery depends. But there's a hitch. The freemarket policies that Menem rode to power are no longer in vogue. Instead, increasingly vocal leftist left·ism also Left·ism  
n.
1. The ideology of the political left.

2. Belief in or support of the tenets of the political left.



left
 groups chastise chas·tise  
tr.v. chas·tised, chas·tis·ing, chas·tis·es
1. To punish, as by beating. See Synonyms at punish.

2. To criticize severely; rebuke.

3. Archaic To purify.
 Redrado and his colleagues as vendepatrias, or sellouts.

"Redrado is part of the same political class that in the name of free trade last decade brought Argentina to its knees:' says Juanjo Cantiello , 43, one of a growing new breed of unemployed protestors that uses roadblocks to demand work. "I don't see how continuing that philosophy will benefit regular Argentines."

Redrado says he expects a free-trade deal with Mexico and the opening of virtually untapped China to save thousands of jobs in the automotive and meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world.  sectors, two of the country's hardest-hit industries. Getting that message across is another matter. "Officials in Argentina." Redrado says, "need to do a better job informing the man on the street that our work, when well done, really does create opportunities."
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Title Annotation:Secretary of Commerce and International Economic Relations, Martin Redrado
Comment:Free trader or free traitor? Argentina's top exports negotiator opens markets, but detractors call him a sellout. (Policymakers).(Secretary of Commerce and International Economic Relations, Martin Redrado)
Author:Goodman, Joshua
Publication:Latin Trade
Geographic Code:3ARGE
Date:Mar 1, 2003
Words:642
Previous Article:Trying times: multinationals increasingly sue for big bucks when Latin American deals go bad. (Law).
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