20 de septiembre de 2016 12:25 PM
Actualizado el 21 de septiembre de 2016 09:58 AM
Venezuelan Minister of Foreign Trade and International Investment Jesús Faría on Tuesday said that a new exchange agreement for exporters is being prepared. The aim, he said, is to enable those who bring their foreign currency to invest in goods and services to get the money back through their exports.
In that connection, Faría added that the Venezuelan government would allow them to withhold 100% of foreign currency derived from exports, dispensing with the “current scheme” under which 60% goes to exporters and 40% must be allocated to the Central Bank of Venezuela (BCV).
In an interview with talk show “Primera Página” (Front Page) aired on private news TV channel Globovisión, the minister exemplified that should a company invest one million dollars in the country, the State will let that company withhold the proceeds from its own exports.
Likewise, the official indicated that such agreement reads that the 60% withheld by the company may be used to meet its needs, a scheme that, in his words, was restricted before.