ESPACIO PUBLICITARIO
CARACAS, Thursday October 11, 2007 | Update
 
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Food imports climb 24.4 percent
  NUEVOMEDIA
Thursday October 11, 2007  12:19 PM

Minister of Alimentation Rafael Oropeza said 70 percent of the purchases made by the government-run food retail chain Mercal are imports through the Corporation of Supply and Agricultura Services.

Purchases abroad include staples such as chicken, powder milk, sugar, beams and edible oil.
 
Based on the figures provided by Oropeza, imports jumped 24.4 percent compared to 2006, when CASA purchases abroad represented 45.6 percent (USD 480 million) of the funds earmarked to buy food.

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Oil Scenario


Oil exports to China in 2015 are to match current oil shipments to the US
Oil exports to China in 2015 are to match current oil shipments to the US

HYDROCARBONS Rafael Ramírez, Venezuela's Minister of Petroleum and Mining and president of state-run oil company Petróleos de Venezuela (Pdvsa) specified that oil exports to China would be equal to current shipments of Venezuelan oil to the United States.

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