Venezuelan strongman Nicolas Maduro on Friday appointed controversial 
businessman Alex Saab as the country’s minister of industry and production.

Saab was released from a Florida prison after he was pardoned last year by 
President Joe Biden. In exchange for the businessman’s freedom, Caracas 
released 10 Americans U.S. officials said had been wrongfully detained in 
Venezuela.

On Friday, Maduro said, “I appointed Alex Saab as the new Minister of People’s 
Power for Industry and National Production. I am sure that with his great 
managerial capacity and commitment to our people he will promote the 
development of the entire industrial system of Venezuela amid the process of 
building the new economic model.” Saab will be in charge of executing policies 
for the development of the country’s industrial sector as well as of overseeing 
the operations of state-owned companies.

Condensed from 
https://www.miamiherald.com/news/nation-world/world/americas/venezuela/article294188019.html

Maduro's new economic model includes, as noted by the Communist Party of 
Venezuela:
- Privatization of important sectors of strategic industries, including oil, 
mines, gas and core industries.
- Granting of extraction licenses to multinational companies such as Chevron 
(USA), Repsol (Spain), ENI (Italy) and Maurel & Prom (France), under conditions 
disadvantageous to national sovereignty.
- Liberalization and dollarization of prices of all goods, excluding workers’ 
wages.
- Dollarization of economic activity.
- Creation of Special Economic Zones - where labour, environmental and tax laws 
do not apply - to attract the investment of large transnational capital.


-=-=-=-=-=-=-=-=-=-=-=-
Groups.io Links: You receive all messages sent to this group.
View/Reply Online (#33062): https://groups.io/g/marxmail/message/33062
Mute This Topic: https://groups.io/mt/109123065/21656
-=-=-
POSTING RULES & NOTES
#1 YOU MUST clip all extraneous text when replying to a message.
#2 This mail-list, like most, is publicly & permanently archived.
#3 Subscribe and post under an alias if #2 is a concern.
#4 Do not exceed five posts a day.
-=-=-
Group Owner: marxmail+ow...@groups.io
Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy 
[arch...@mail-archive.com]
-=-=-=-=-=-=-=-=-=-=-=-


Reply via email to