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The government of Paraguay approved the introduction of export duties on soybeans
The Congress of Paraguay at the meeting on 22 June approved a government bill providing for the introduction of export duties on soybeans at the rate of 10%, according to Reuters
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At the same time, the government did not preclude the use by the President of Paraguay Horacio Carecom a veto over the decision, since, in the opinion of the head of state, as a result of the introduction of this measure can be seriously affected the interests of small and medium-sized producers in the country.

Alternatively, the specified solution O Cartes offers the increase in value added tax for agricultural products.

Note also that June 21 is already a Paraguayan farmers protested against the imposition of export duties on soy, saying that it may have a negative impact on the profitability of their production.

Recall that Paraguay is the fourth largest global supplier of soybeans and the introduction of export restrictions may affect the export potential of the country, which this season is expected to reach 6.3 million tons.

Photo: youtube.com



Translated by service "Yandex.Translation"
Источники: Oilworld
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