Brazil scraps iron export tax plan: source
BRASILIA |
BRASILIA Oct 21 (Reuters) - Brazil's government has scrapped a plan to tax iron ore exports after President Luiz Inacio Lula da Silva met with the head of miner Vale (VALE.N) (VALE5.SA), a government source told Reuters on Wednesday.
The source said the government floated that proposal as a means of pressuing Vale to hike its investments in Brazil.
(Reporting by Natuza Nery, Writing by Brian Ellsworth)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters