Venezuela expands PetroCaribe investments

Rice farmers throughout Guyana continue to hope that the APNU/AFC administration will follow the advice of Opposition Leader Bharrat Jagdeo, and seek out the Venezuelan government to re-establish the once lucrative PetroCaribe deal that the two countries shared.

If and when the Guyana government will pursue this move to rescue the country’s failing rice industry is yet to be announced.

However, Venezuela has already begun expanding PetroCaribe investments and the latest country to benefit is St Vincent and the Grenadines.

According to a recent report by “venezuelanalysis.com”, on Monday, Venezuelan President Nicolas Maduro pledged new resources to St Vincent and the Grenadines while proposing a special economic zone in the Caribbean to strengthen regional trade.

President Maduro had made these promises during a diplomatic visit to the island nation.

Guyana Times understands that the Venezuelan Head of State, while engaging top government officials in St Vincent, warned that ideas for “domination of our peoples are recycled,” and that the old ways of domination now wear “new masks.”

It must be noted that for close to 10 years the Venezuelan PetroCaribe alliance has supplied almost 20 neighbouring countries with fuel and favourable terms for payment.

These payment terms include low-interest loans, while investing in community projects including hospitals, schools, highways, and homeless shelters.

Meanwhile, a Venezuelan report stated that President Maduro “checked up on a number of such projects” initiated by his predecessor Hugo Chavez, including a $32 million fuel storage and distribution plant named after the late president.

According to official data, this plant presently provides energy for over 90 per cent of St Vincent.

This newspaper also understands that the Venezuelan President also visited the soon to be opened Argyle International Airport, which had received substantial support from PetroCaribe in 2008.

It was also reported that President Maduro posited that PetroCaribe today is the “backbone” of the energy, social and economic development of the Region.

Additionally, he is seeking a regional hub to serve as a centre for construction of more than 50 homes, to be financed by the oil alliance. Approximately 7500 of laptops were promised to be distributed by the government of St Vincent.

However, with Venezuela now expanding its services and making agreements within the Caribbean and keeping Guyana out of its plan, it is unclear whether the APNU+AFC government will approach the Spanish-speaking nation with any proposals.

In recent weeks, the Venezuelan leader has visited Antigua, Suriname, St Lucia, and Grenada to discuss possibilities for a “powerful commercial economic zone” in the region, to protect against United States monopoly.

Late last month, Foreign Minister of Trinidad and Tobago Dennis Moses visited Caracas as the two countries discussed joint projects to exploit new gas deposits on the sea border of both countries, as well as to enhance the proprietary information on organized crime in the area.

For a number of years Venezuela, under the leadership of the late President Hugo Chavez, had inked “rice for oil deal” with the Guyana.

This arrangement was secured under the then People’s Progressive Party/Civic (PPP/C) administration and resulted in Guyanese rice farmers, and the country as a whole benefiting tremendously.

However, following the APNU+AFC coalition coming into power this year, and Venezuela also having a new government, the relationship the two countries previously shared disintegrated.

Eventually Venezuela officially ousted Guyana from inking another PetroCaribe deal by turning to Suriname to supply their rice needs under the same arrangement in October last.

The agreement signed between President Maduro and his Surinamese counterpart Desi Bouterse, will allow Suriname to continue to receive favourable rates on oil in exchange for rice from that country.

(kristenm@guyanatimesgy.com)

so what.  Venezeula  is a broke ass country.  They can frigg off.

In recent weeks, the Venezuelan leader has visited Antigua, Suriname, St Lucia, and Grenada to discuss possibilities for a “powerful commercial economic zone” in the region, to protect against United States monopoly."

BY KRISTEN MACKLINGAM, November 9, 2015 By GuyanaTimes, Source

this is some sick, treasonous kneel-down shit from Ravi Dev and de one-eye coven @ the Sanata Complex

and who are the morons in leadership @ Freedom House looking to a Venezuela hell bent on some mythic reconquista for "protect[ion] against United States monoply"?

seriously?

smfh

I found this in a Cuban dissident website. Illuminating.

14ymedio, Carlos Alberto Montaner, Miami, 7 November 2015 —

Nicolas Maduro knows he will lose the election on December 6. The disaster is too intense. So say all the polls. Ninety percent of Venezuelans want a change. Eighty percent blame Maduro. Seventy percent are determined to vote against this thoroughly incompetent government.

Venezuelans are tired of lining up to buy milk, toilet paper, whatever. The inflation horrifies them. Everything is more expensive every day that passes. The salary of a month is consumed in a week. The corruption disgusts them. They know and intuit that the Chavista leadership is an association of crooks with no lack of narco-traffickers, all colluding to plunder the country. Lacking flour, violence is the daily arepa (bread). Caracas is one of the most dangerous cities in the world. And one of the filthiest.

(kristenm@guyanatimesgy.com)

that the Guyana Times chooses to publish such a statement with a straight face without mention of Maduro's infamous Decree 1787 is scary:

______________________

Venezuela se asigna por decreto todo el Atlántico del Esequibo y Guyana

smfh