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05.07.2008 - Argentine MPs increase farm taxes

Argentina's lower house of parliament has approved a controversial package of taxes on agricultural exports.
Farmers are strongly opposed to the measures and have staged widespread protests over the past four months, resulting in riots and food shortages.

The Czech Republic news are represented by www.prague-czech-republic-accommodation.com


They had threatened to renew blockades if the measures were approved.
President Cristina Fernandez de Kirchner says higher taxes on farm exports are needed to finance social programmes and redistribute wealth.
The farmers say such high taxes are crippling.
The BBC's Daniel Schweimler, in Buenos Aires, says this a dispute about too much, rather than too little. Mercosur anger at EU migrant laws ...
Oil spill threatens Buenos Aires ...
Dairy farmers continue milk boycott ...
Two quizzed over restaurant blast ...
EBRD appoints Thomas Mirow as new president ...
New Argentine economics minister pledges to maintain course ...

Argentina is one of the world's leading producers of soya, grains and beef - all of which fetch high prices on international markets.
The senate is due to debate the measure in coming days.

(BBC)


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