Venezuelan President Hugo Chávez enacted 26 directives
in full force and effect just before the expiration of the
enabling law.
The 26 decrees were released in an edition of the Official
Gazette published on Friday; therefore, they will enter into
force right away. The content of the regulations is not known,
because the titles only are listed in the journal.
On February 1st, 2007, the legislature vested in President
Chávez special rulemaking powers for 18 months. In the
aggregate, 41 statutory decrees were adopted in the areas
of energy, citizen's participation, public service, economic
and social issues, citizen's and legal security, science and
technology, land layout and planning, overhaul of state agencies,
finance and taxes, and security and defense.
The directives enacted on Thursday include national railroads,
agricultural reliable supply and sovereignty, housing and
habitat, water spaces, enhancement and development of people's
economy, and partial reform of the welfare system.
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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