Argentine authorities said Friday that more fuel will be imported to guarantee supplies to the pumps as the ongoing crisis is set to drag on for weeks, potentially affecting the Nov. 19 presidential runoff between Economy Minister Sergio Massa and Liberal Congressman Javier Milei, it was reported in Buenos Aires.
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BUENOS AIRES Argentina’s government agreed to not hike taxes on farm exports or limit how much grain can be shipped abroad to curb rising food prices, a group representing farmers said on Wednesday.
Argentine farmers had earlier warned they would protest if the government implemented a plan to hike export taxes or impose export quotas to hold down inflation.
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“Today it is important to convey to our producers that there will be no increase in export taxes and no intervention,” said Jorge Chemes, president of Confederaciones Rurales Argentinas (CRA), after leaving a meeting with Argentine President Alberto Fernandez.
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BUENOS AIRES Argentina’s government has decided not to go ahead with proposals to hike taxes on farm exports or limit how much grain can be shipped abroad to curb rising food prices after warnings from farmers that they would protest the measures.
“We can convey to our producers that there will be no increase in export taxes and no intervention,” said Jorge Chemes, president of Confederaciones Rurales Argentinas (CRA), after leaving a meeting with Argentine President Alberto Fernandez.
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(Adds CRA statement)By Maximilian HeathBUENOS AIRES, Dec 30 (Reuters) - Argentina will suspend sales of corn for export until Feb. 28, the agriculture ministry said on Wednesday, announcing the surprise move as part of the government's effort to ensure ample domestic food supplies.The move by the world's No. 3 corn supplier was a sign of tightening global food supplies during the COVID-19 pandemic.