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Weekly Report - 5 February 2009 (ISSN 1741-7422)
ARGENTINA: Governors ratchet up pressure over soya tax
Two of Argentina's most powerful provincial governors piled pressure
on the government of President Cristina Fernández this week to suspend the
export tax on soya in order to attenuate the effects of the drought on the
agricultural sector. The calls come days before the four main farming unions
meet to discuss protest action and the publication of a report by Sociedad
Rural, which represents agricultural producers, predicting that the severity of
the drought will almost cut GDP growth in half this year.
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