He also announced the nationalization of plots of land owned by the Compañía Inglesa, a subsidiary of British meat products company Vestey
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.
Around 1.5 million Venezuelans have decided to emigrate in search of a better future for their families. The figure accounts to between 4% and 6% of the overall population. Approximately 88% of these expatriates have made up their mind to emigrate over the last 15 years.