Opposition deputy: The Venezuelan gov't targets gold to negotiate debt
Venezuela's opposition deputy Américo De Grazia dismissed China-Venezuela agreement over gold mines
Venezuelan authorities "are seeking the highest bidder and they have found it. That is why we have regarded this as a fraud against the nation," De Grazia remarked, adding that the "government has plans to use the natural resource as a means to negotiate its own debt."
The opposition leader stressed that said negotiation "is by no means beneficial for Venezuela and will rather lead to increased debt or could be used to pay the current debt with gold and diamonds (...)."
Translated by Jhean Cabrera
A shipment of over 30,000 tons of phosphate arrived at Puerto Cabello port in late July on board the Shi Long Ling, a Chinese-flagged vessel that began its long journey in northern Africa. The cargo boat docked on July 26 after traveling more than 3,200 nautical miles. Undoubtedly, this would just be considered one in many cargo ships crisscrossing the oceans if it were not for the fact that Venezuela has denounced Western Sahara occupation by Morocco and yet purchases the territory's natural resource products from the occupying power.