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Bacchus4.0

(6,837 posts)
Wed Dec 16, 2015, 01:14 PM Dec 2015

Argentina axes disputed grain and beef export controls

http://www.bbc.com/news/world-latin-america-35098955

Argentina's new President Mauricio Macri has announced he is signing a decree slashing the country's steep taxes on agricultural exports.

He said he would lift export taxes on Argentine wheat, corn, sorghum and beef and cut the tax on soya by 5%.

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The taxes had triggered years of tension and rebellion by producers against former President Cristina Fernandez de Kirchner's administration.

Farmers had accused the government of forcing the agricultural industry to bear an unfair share of the national tax burden, hurting the country's international competitiveness.


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