Argentina is pursuing U.S. environmental approval to export biodiesel more easily to that market and revitalize a local industry in “crisis” due to trade problems with the European Union, Argentina’s main biofuels chamber said on Monday.

The head of the chamber, known by its Spanish acronym Carbio, spoke to the Reuters Latin America Investment Summit on Monday.

Argentina is the world’s top exporter of biodiesel – made from soybean oil – but shipments to its main client, the EU, plunged this year after the bloc launched investigations into possible dumping by Argentine suppliers.

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