Free Newsletters - Space - Defense - Environment - Energy
..
. Farming News .




FARM NEWS
Paraguay's Cartes vetoes grain export tax
by Staff Writers
Asuncion, Paraguay (UPI) Oct 17, 2013


disclaimer: image is for illustration purposes only

Paraguayan President Horacio Cartes has moved to remove a law that critics say could cripple the landlocked country's cereals and oilseeds export trade.

Businessman politician Cartes slapped a decree vetoing legislation before Congress that could have imposed a 10 percent tax on the grains exported by Paraguay, a mainstay for the economy.

Paraguay has only just recovered from several years of economic downturn, made worse by endemic water and electricity shortages, animal disease outbreaks on the farms and the effects of a diplomatic squeeze from the Mercosur regional trade bloc.

The center-right Colorado Party leader was elected in an April poll that ended Paraguay's political hiatus after last year's ouster by impeachment of former President Fernando Lugo. Cartes assumed office Aug. 15, succeeding caretaker President Federico Franco, who took over when Lugo was forced out of office.

Mercosur saw Lugo's ouster as a coup and suspended Paraguay from the trade bloc but in recent weeks has backtracked on the controversial move.

Cartes said the export tax, if imposed, could distort and set back the country's grain trade.

The bill has gone back to the legislature for further review. Analysts said Cartes' veto would be popular with the farmers and small traders who feared the export tax would be passed on to them and diminish their earnings.

Cartes aides argued Paraguay's cereals and oilseeds market rests on a system that allows big companies including multinationals to buy wheat, corn, sunflower and soy directly from the medium and small sized farm businesses.

Although seen initially as a boon to the treasury, Cartes argued the long-term effects of the tax would be detrimental to the agricultural sector.

He warned the tax levy could also attract objections from the World Trade Organization, Mercosur and other international partners as a potential barrier to trade.

Cartes likened the proposed tax to a declaration of war on the productive agricultural sector.

Paraguay is a major agricultural producer and one of the world's largest exporters of soybeans, behind Brazil, Argentina and the United States.

Almost all of Paraguay┬┤s soybean crop is genetically modified grain, data from the U.S. Department of Agriculture says.

.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





FARM NEWS
Unregulated, agricultural ammonia threatens national parks' ecology
Cambridge MA (SPX) Oct 16, 2013
Thirty-eight U.S. national parks are experiencing "accidental fertilization" at or above a critical threshold for ecological damage, according to a study published in the journal Atmospheric Chemistry and Physics and led by Harvard University researchers. Unless significant controls on ammonia emissions are introduced at a national level, they say, little improvement is likely between now and 20 ... read more


FARM NEWS
Astrium Enhances TerraSAR-X Resolution and Coverage Capabilities

Iron in the Earth's core weakens before melting

DroneMetrex Accomplishes Another Mapping Project Using Its Unique Topodrone-100

Flood maps from satellite data can help emergency response

FARM NEWS
Plan maps development of China's sat-nav industry

Raytheon completes critical design review for GPS OCX software

Tracking devices to go toe-to-toe with smartwatches

Orbcomm Acquires The SENS Asset Tracking Operation

FARM NEWS
Massive spruce beetle outbreak in Colorado tied to drought

Historic trends predict future global reforestation unlikely

Forests most likely to continue shrinking

Death of a spruce tree

FARM NEWS
Ethanol not a major factor in reducing gas prices

Boeing, South African Airways Launch Sustainable Aviation Biofuel Effort in Southern Africa

Metabolically engineered E. coli producing phenol

Team uses a cellulosic biofuels byproduct to increase ethanol yield

FARM NEWS
KYOCERA Announces Strategic Alliance with IronRidge for Solar Module Mounting Systems

PROINSO presents PV-DIESEL hybrid systems

Trina Solar chief scientist at PVSEC 2013

Trina Solar wins System Integration prize at 2013 Solar Industry Awards

FARM NEWS
Key German lawmaker: End renewable energy subsidies by 2020

Installation of the first AREVA turbines at Trianel Windpark Borkum and Global Tech 1

Trump's suit to halt wind farm project to be heard in November

Ireland connects first community-owned wind farm to grid

FARM NEWS
Two China miners saved 10 days after flood, 10 confirmed dead

Calculating the true cost of a ton of mountaintop coal

Ukraine designates 45 coal mines for sale in privatization push

German coal mine turns village into ghost town

FARM NEWS
China's rich get richer despite slowing economy: Forbes

Outrage over $2.5 bn projects to mark Mao birth

Tibetan poet gives voice to dead protesters in new book

China officials sentenced in graft suspect drowning




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement