Venezuela begins inspections in car assembly plants
The Venezuelan Government is taking actions in an attempt to regulate the price of vehicles
Elvis Amoroso, the lawmaker promoting the bill to regulate car prices, denounced the existence of a black market in the automobile sector that involves car dealers, entrepreneurs, and websites.
Sources close to the sector stated that authorities have conducted regular inspections in car assembly plants and are fully aware of daily operations.
Regarding prices, sources said that they are calculated based on production costs, which are frequently adjusted as they are subject to increases in both salaries -pursuant to labor agreements, and inflation. However, the sources pointed out that the increase in car prices was below the National Consumer Price Index of 2012.
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.