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VENEZUELA CUTS RED TAPE ON IMPORTS OF ESSENTIAL GOODS

Aruba, September 26, 2013 - The Venezuelan government has announced measures to facilitate the import of essential goods, which have been in short supply. Vice-President Jorge Arreaza said the government was cutting red tape for companies willing to import food, toiletries and mechanical parts. Last week, the government took over a toilet paper factory.

The government has accused unscrupulous traders of trying to undermine its left-wing policies. Current import licences have been automatically extended until the end of the year.

Mr Arreaza also announced that the government was giving importers easier access to foreign currency.

He said the measures had been approved by President Nicolas Maduro, who returned from an official visit to China on Wednesday morning.

Source: http://www.bbc.co.uk/news/world-latin-america-24276587

 

By orbitalnets.com