Colombia’s government signed a deal Friday with coffee farmers upset over falling bean prices, ending a two-week strike that has included violent protests and highway blockades.
«I celebrate this agreement with coffee growers,» President Juan Manuel Santos said on his office’s website. The deal was signed by Agriculture Minister Juan Camilo Restrepo and other government negotiators, as well as representatives of the protesters, including the group’s most-vocal leader, Orlando Beltran.
Under the terms of the deal, the government will raise the subsidy for each 275 pound (125 kilogram) bag of parchment coffee to 145,000 pesos ($80).
Source: online.wsj.com/article/SB10001424127887324034804578347911399942842.html