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.
Oil Scenario
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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