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CARACAS, Tuesday August 19, 2008 | Update
Economy
The Mexican government asked Venezuela to keep on holding
talks with cement maker Cemex, which was expropriated on Monday
in the context of nationalization of this industrial sector,
Mexican ambassador to Caracas Jesús Mario Chacón
told AFP on Tuesday.
The request was made in a notice sent to the Venezuelan Ministry
of Foreign Affairs. There, Mexico advocates an eventual, satisfactory
agreement on sale of stocks and prevention of seizure.
"We are interested in using the provision made in the decree
(on nationalization), released on June 18th, to extend the
term to continue talks" with the companies involved, said
Chacón.
05:09 PM. Economy. If any country has cashed in on the Bolivarian revolution, that is Brazil, particularly the private companies of the southern neighbor. Over the past five years, it has been awarded contracts for works to be carried out in Venezuela for over USD 14 billion. This puts it as the first recipient of government-to-government contracts, that is, without bidding, since Hugo Chávez took office.
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