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Weekly Report - 19 March 2008 (ISSN 1741-7422)

ARGENTINA: Farmers up in arms over tax hike on soya

The government of President Cristina Fernández is facing its first serious protest action. All four farming unions - Confederaciones Rurales, Federación Agraria, Coninagro and Sociedad Rural - united on 13 March to stage a joint strike (for the first time since Carlos Menem was in power) and a nationwide halt to the trade of agricultural produce. They are refusing to back down unless the economy minister, Martí­n Lousteau, reverses a sharp tax increase on soya and sunflower seed products announced last week. The unions claim that Lousteau's new sliding scale -taxes will fluctuate in line with export values - is tantamount to confiscation and unfairly penalises the provinces to "line the coffers of the Casa Rosada".

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