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situation report

Feb 27, 2009 | 13:40 GMT

1 min read

Argentina: May Nationalize Grain Commerce

Argentina's government is considering the nationalization of its grain commerce, La Nacion reported Feb. 27. Federal Administration of Public Income (AFIP) chief Ricardo Echegaray said the government agency would purchase all of Argentina's grain, flour, and oil production and ensure that domestic demand is met before exporting the remaining quantities. The National Office of Agriculture Commerce Control currently administers grain exports.

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