THE NATIONAL - Saturday 31 October 2009
Business and Trade / 6
Saman asked law to regulate corporate profits
Government extended occupation as roasting
Trade Minister announced that the intervention will remain because there are still problems
November 3 marks the deadline for completion of the temporary occupation of coffee processing plants Fame of America and Marcelo y Rivero, who sells coffee brands Madrid, the Rock and Aroma. However, the trade minister, Eduardo Saman, announced that the Government extended the intervention measure because of continuing the causes that led to and still evaluate whether specific or not the expropriation of these companies. "We will renew the temporary occupation of Fame of America Café Madrid for 90 days, or until there is a final decision in the hope of expropriation. We have already recommended the nationalization of these plants and we will make a series of studies that, "said Saman to leave the meeting with the Finance Committee of the National Assembly. The minister said the continued problems with the lack of raw materials and workers also fear that once the Government withdraws from the business, there is a layoff and not recognized labor rights. "It's going to start harvesting, and we must ensure that industry buy the product you need and not diverted to smuggling. In addition, workers do not want us because they are asking for wage and pension demands that companies do not want to give "he said. 
Less profits.
Minister proposed to the members of the Finance Committee to pass a law to regulate corporate profits, especially those sectors that have the greatest impact on inflation as hotels, restaurants, food, health and insurance. "This is not to create a tax charge more on those earning more, because otherwise you end up paying this tax to consumers. The point is to tell some sectors that their profit should not exceed a certain percentage," he said. In the case of hotels, as an example to limit the gains of 30% and thus monitor whether the costs of production and profitability is maintained. Saman question consumerism and high demand that exists for tomato sauce mayonnaise and infant formula to replace breastfeeding. "Consumerism must be replaced by the real satisfaction of needs." Announced that next year the Ministry of Commerce Trade Corporation will, that will sell cars, hardware, clothing and footwear, electrical appliances, household equipment, among other goods imported by the Government through Suvinca or purchased from domestic suppliers. The minister asked the Assembly to mediate for approval of additional resources Bs 100 million for the establishment of this trading. "The state must intervene in trade. Do not want to have the majority, but a market share, which would force the private sector to lower prices, "he said. He announced that his office will release 30,000 rubber imported from Uruguay.
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