Evo Morales accepts not to raise the taxes - to choke the mining protests - ICM hike cancelled -
Note. another source supporting the interpretation that the suspension of ICM hike is applied to the mining sector as a whole:
Year IX - Madrid - Thursday 8 of February of 2007 -
The mining Government of Bolivia and cooperativistas have reached today an agreement that has made possible the suspension of the protests that these were carrying out from the past Tuesday.
Evo Morales has accepted to lapse its plan to apply a tax increase to the private mining.
The Bolivian agent chief executive has directed personally a negotiation that has extended more than six hours and has sealed the agreement with a hug to the leader of the Federation of Mining Cooperatives (Fencomin), Andrés Villca.
The cooperative sector is had it jeopardize to look for next to the Government mechanisms to improve the fiscal collection of the mining sector. The pact jeopardizes to the search of mechanisms for “democratizar the tax system” under the principle of which “the one that more desire, more payment”. This way the cooperativistas resigned to their initial exigency of being excluded from a rise of the exemptions that the mining producers pay.
The Executive, on the other hand, will support the reactivation of the mining with credits of 10 million dollars (more than 7.5 million euros) to the private sector.
President Evo Morales and the representatives of Fencomin have also decided that the representation of the directory of the Mining Corporation of Bolivia (Comibol) will be proportional. Thus, he will be formed by two representatives of Fencomin, two representatives of the Union Federation of Mining Workers of Bolivia and two representatives of the National Government.
the important passage in Spanish:
...El Gobierno de Bolivia y los cooperativistas mineros han llegado hoy a un acuerdo que ha posibilitado la suspensión de las protestas que éstos estaban llevando a cabo desde el pasado martes. Evo Morales ha aceptado dejar sin efecto su plan de aplicar un incremento impositivo a la minería privada....De esta manera los cooperativistas renunciaron a su exigencia inicial de ser excluidos de un alza de la regalías que pagan los productores mineros.
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