“Extortion and discriminatory”: La Rural slammed the door and will not be present at the meeting with the Government for a resolution of the Central Bank

Due to the resolution of the Central Bank, the Argentine Rural Society withdrew from the meeting scheduled for today at 18:30 between the liaison table and the Government to discuss the benefits for small producers and regional economies.

The presidents of Coninagro, the Argentine Rural Confederations and the Agrarian Federation will then be present on the side of the peasants, and on the side of the Government, the Secretary of Agriculture, Giovanni Giuseppe Bahillo. Not yet defined if Serge MassaMinister of Economy, Production and Agriculture, will be present at the meeting.

The Central Bank’s arrangement last Thursday was what angered Pino. The standard establishes the more expensive loans to soybean producers who retain more than 5% of production.

“The Central Bank resolution adopted last week is a measure that sounds extorted and discriminatory, harming the country’s agricultural producers,” said the entity’s president. Nicola Pinorejecting the meeting with the Government.

“In addition to making credits more expensive, these days we see with great concern that commercial conditions are altering in the purchase of machinery, supplies and work tools, also causing losses to the economy in general,” added the leader.

Pino had warned Bahillo when they met this Sunday at the exhibition of the Rural Society of Gualeguaychú (Entre Ríos) that before meeting they had to give a solution to the government of the Central Bank.

“The financial institution must act as a monetary authority and must cancel this resolution for the good of the whole society,” he said.

Cra’s participation in the meeting with the government is also in doubt, but this Wednesday, after an internal meeting, they decided to participate. “The regional economies that make up the trade union representation of the Argentine Rural Confederations await with great anticipation the scheduled meeting with the Secretary of Agriculture and Livestock of the Nation”, the body launched in a statement.