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Mexican Senate committees eliminate cut in sugary drink tax

2015-10-29 21:41:05| Beverages - Topix.net

Oct 28 Mexican Senate committees on Wednesday agreed to eliminate a proposed tax cut on sugar-sweetened drinks which critics had said would hinder the fight against obesity in Latin America's second-largest economy. Mexicans are among the world's biggest drinkers of sodas made by companies like Coca-Cola Co and PepsiCo Inc , and in 2013, the country became the first major market to tax high-calorie soft drinks, by 1 peso per liter.

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