Venezuelan Congress approves amendment to agreement with China
The amendment allows the government to request loans for up to USD 12 billion
On Tuesday night, Venezuela s National Assembly approved in a first discussion the "Second Protocol to Amend the Agreement between Venezuela and China on the Joint Financing Fund." The move will allow the Venezuelan government to renew financial agreements with the Asian country.
The amendment will be submitted to the National Assembly s Foreign Policy Committee, which will prepare a final report.
Pursuant to the amendment, the Chinese Development Bank will continue lending USD 12 billion to be deposited in the Heavy Fund.
Pro-government Deputy Luis Acuña (PSUV) said that the agreement creates "a surplus that will be used by (state-run oil company Petróleos de Venezuela) Pdvsa to pay taxes and invest in projects."
Opposition Deputy Miguel Ángel Rodríguez (independent) said that the government uses the Chinese Fund to "continue getting into debt, in a criminal way."
Luis Jiménez Alfaro seems to have hidden under the rocks. The last time he was seen was on April 2006 walking calmly around Simón Bolívar International Airport of Maiquetía, located nearby Caracas. At that time, more than five tons of cocaine arrived in Mexico in an airplane which took off from Venezuela, and his name featured as a missing piece of the puzzle of one of the most massive drug shipments that has been witnessed in the Western Hemisphere.