Live Breaking News & Updates on Rice Trading Company

by Yanis Iqbal / December 11th, 2020
Farm workers in various regions of Peru- such as Ica, Viru La Libertad and Piurahad – went on a strike in the first week of December, 2020, blocking the strategic Pan-American motorway to demand wage increases, basic social security benefits and the repeal of the decades-old Agrarian Promotion Law, enacted in 2000, as a mechanism to bolster the bourgeoisie’s power in the agro-export sector. The law benefits agro-export corporations in two ways. Firstly, it cuts the corporate tax rate by 30 to 15%, making the government lose out on more than $1 million in tax revenue. Agrokasa, Beta and Miranda are some of the companies benefitting from such hefty income tax cuts. ....

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