Monday, February 11, 2008

Chavez warns Venezuela could seize Parmalat, Nestle outlets

Venezuelan President Hugo Chavez on Sunday warned Venezuela could expropriate milk processing plants based here and owned by Italy's Parmalat and Swiss-owned Nestle. 'It doesn't make any difference if we set up (state) milk processing plants if there is no milk to process because it is all taken away by Parmalat or Nestle,' Chavez complained in his weakly radio and television program 'Hello Mr President.' 'This government has got to take a tougher line,' he warned. 'If it is proven that Nestle or Parmalat -- under different economic means of pressure or blackmail, such as by offering money in advance -- are making off with the raw milk output and leaving state plant without the milk they need, then that is called sabotage.

2 comments:

  1. The big capitalist concerns have been given Fair Warning now -- so don't hesitate to seize their property if they do not comply with socialist development goals. People must have food security before all else. People before profits.

    Distribute control of these plants to the agricultural councils.

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  2. It is well within the rights of the Chavez government to work for the benefit of the Venezuelan people, even if that means to take over industry which is not pulling its weight.

    So far Exxon-Mobil thinks it has won on the issue of the nationalization of its Oilfields, by using the freezing of Venezuelan assets in the E.U., but that is certainly not going to change anything.

    The cards are on the table, and so far Venezuela holds all the trumps. So, it might be better for Exxon-Mobil to negotiate with Chavez noe, or lose everything.

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