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Companies / Venezuela

New Threat To Venezuelan Food Producers

August 2008 | Industry News

The threat of appropriation has risen for Venezuela's food producers after the country's President Hugo Chávez enacted a range of presidential decrees that consolidate state control over key areas of the economy, including agriculture and food production. The move can be interpreted as a direct attack on the country's largest food and beverage firm Empresas Polar, which has been at the centre of the nationalisation speculation.

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