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Weekly Report - 10 February 2011 (WR-11-06)
CHILE: Piñera moves to end copper-funding for military
President Sebastián Piñera is calling time on a tradition stretching
back nearly 70 years - the direct link between copper earnings and military
financing. Piñera says he will send congress a bill by 21 May bringing the armed
forces firmly under civilian control. This would end the law assigning the
military 10% of the gross sales of the state-owned copper giant, Codelco, and
empower the defence and finance ministries to produce a multi-annual budget for
the military to be approved by congress. Piñera's announcement, which comes in
the same week that copper prices hit a historic high, follows transparency
concerns surrounding the armed forces, culminating in the dismissal of the
defence minister, Jaime Ravinet, and the head of the joint chiefs of staff,
General Cristián Le Dantec, last month.
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