The national government presented a draft bill that seeks to establish the regulatory framework for the national production and marketing chain and/or for export of the cannabis plant, its seeds, and by-products for medicinal use, including scientific research, and for industrial use. It also seeks to create the Hemp and Medical Cannabis Industry Regulatory Agency (ARICCAME). The Agency's function will be to regulate the import, export, cultivation, industrial production, manufacture, commercialisation and acquisition of seeds, plants, and other derivatives. Alberto Fernández's government aspires for Argentina to become a regional leader in the industrial cannabis business. According to the government, Argentina has comparative advantages for the development of medical and industrial cannabis, such as significant scientific and technological capabilities in agriculture (including the genetic development of seeds), favourable climate and soil conditions, and an extensive network of national public and private laboratories and transnationals that have shown interest in researching the properties and applications of cannabis. According to estimates by the Ministry of Production, by 2025, 10,000 new jobs could be created in Argentina, USD 500 million in sales to the domestic market per year, and USD 50 million in exports per year.