Rise in price of regulated foodstuffs published in Official Gazette
As provided for in the resolution passed by the Ministry of Commerce, the Ministry of Agriculture and Lands, and the Food Ministry, the sale price shall be displayed on the product or packaging
Article 2 of the resolution outlines that the given maximum sale prices shall be displayed on the product or its packaging. The regulation also provides that supermarkets and groceries shall display and give preference to the products included in the resolution over those that are not subject to price regulations.
Anyone violating the provisions set forth in the resolution will be subject to sanctions in compliance with the Law to Protect People's Access to Goods and Services.
Translated by Jhean Cabrera
"Cocoa is to Venezuelans what wine is to the French," says Alejandro Prosperi, head of the Venezuelan Chamber of Cocoa, using this simile to express the paramount importance or the cocoa industry for the country. Often times heralded as "the best cocoa in the world," a passion for quality dating back to the sixteenth century has made Venezuelan cocoa growers to enjoy high prestige at international level and their product to be among the most sought-after in the world.