March 5 (UPI) -- Argentina's main business organizations issued an unusual public warning to President Javier Milei's government, calling for "respect" for the private sector and warning about the difficult situation facing the country's industrial base.
The statements followed remarks by Milei during the opening of the legislative year in Congress, when the president sharply criticized industrial business leaders and accused them of benefiting for years from a protectionist and corrupt economic system.
The reactions came mainly from the Argentine Industrial Union, known by its Spanish acronym UIA, and the Argentine Business Association, or AEA, two of the most influential groups representing the country's private sector.
Under the premise that "without industry there is no nation," the UIA defended the productive sector in a statement responding to the president's comments and expressed concern about the situation of factories across several provinces.
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