Delays in sale of US dollars lash some 80% of Venezuelan companies
The Venezuelan-American Chamber of Trade and Industry stressed the need for dialogue between the Venezuelan Government and the private food sector
Tejera told private news TV channel Globovisión that 70-80% of VenAmCham affiliates have reported delays and a reduction in the amount of US dollars they are sold by the Foreign Exchange Administration Commission (Cadivi).
He said that delays in permits and non-domestic production certificates have also hit the food trade chain. "Some firms report delays from three to six months."
Tejara remarked that labor issues have played a role as well. He highlighted "the need to engage in dialogue so as to clearly establish in the Organic Labor Law the protection of food production and transport so as to prevent these activities from being the target of unjustified actions by trade unions."
Translated by Jhean Cabrera
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.