Elias Jaua: Venezuela No Longer Depends on Private Industry
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EL UNVIERSAL reports that Venezuela’s Vice President Elías Jaua said during a visit to the premises of Agropatria (formerly known as Agroisleña) that the government will no longer depend on the private food industry.
The statements from the Acting President serve as an epilogue to the ongoing travesty disguised as patriotic nationalization. Venezuelan President Chávez has already decided to strengthen his expropriation policy and announced the nationalization of Venezuelan motor lubricants company Venoco, and Fertinitro, a producer of nitrogen fertilizer. He also renamed Agroisleña as Agropatria and appointed of a new board of directors.
The top Venezuelan official said from Chaguaramal, in the central state of Guárico, that there will be a fight against oligopolistic and monopolistic structures, because that is “the only way for Venezuela to become an agricultural power.”
Jaua added that the seizure of Spanish farming supply firm Agroisleña was one of the steps the Venezuelan government examined most carefully. Therefore, “it is a fact, an irreversible decision.“