CHILE: Senate approves sugar tariff increase
Despite fierce lobbying in opposition to the measure, Chile's Senate passed a law 31 October increasing the sugar tariff from 31.5% to 90%. The tariff, which will be effective for ten years, was passed as a safeguard to domestic beet sugar production. The law passed without any changes to the bill originally approved in the Chamber of Deputies, Chile's lower legislative house. Since the bill was proposed by Chile's executive branch, the approval of both houses was enough pass it into law.
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