ESPACIO PUBLICITARIO
CARACAS, Monday October 04, 2010 | Update
 
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Politics
Chávez announces seizure of Spanish farming company Agroisleña

He also announced the nationalization of plots of land owned by the Compañía Inglesa, a subsidiary of British meat products company Vestey

  EL UNIVERSAL
Monday October 04, 2010  11:25 AM


Venezuela's President Hugo Chávez on Sunday resumed broadcasting of his weekly radio and TV show "Hello, President," which he suspended for more than six weeks amidst the election campaign.

Chávez's show was broadcast from the facilities of Río Tiznado Socialist Farming Project, in Guárico state (central Venezuela), where he announced that his government would seize a Spanish farming supply company Agroisleña. He also announced the nationalization of plots of land owned by the Compañía Inglesa, a subsidiary of British meat products company Vestey.

"Agroisleña has now became people's property; it will be owned by Venezuela," said the leftist president.

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The rock of discord

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.

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