Colombian President Gustavo Petro has expressed opposition to Venezuelan Industry Minister Alex Saab's proposal to privatize the Venezuelan-owned Monómeros.
In a letter to President Maduro, Petro argued that the sale of Monómeros, critical to Colombia’s agricultural sector, could increase agricultural prices and push local farmers to depend on international suppliers, undermining food security.
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📰 NEWS | Maduro Confirms Sale of Venezuelan Fertilizer Firm Monómeros to Colombia, Ending Privatization Rumors
Venezuelan and Colombian authorities are engaged in talks for the sale of agrochemical producer Monómeros. A confidential agreement reportedly set a base price.
The firm, which had a tumultuous time under Venezuelan opposition management, is set to be purchased by the Colombian state as the Petro government aims to maintain stability in the agricultural inputs market.
Read our report: https://venezuelanalysis.com/news/maduro-confirms-sale-of-venezuelan-fertilizer-firm-monomeros-to-colombia-ending-privatization-rumors/
#Monomeros#Fertilizer#Venezuela#GustavoPetro
Colombia’s corporate watchdog has stepped in to oversee Monómeros, the Venezuelan state-owned agrochemical firm, as concerns grow over a potential sale. President Petro opposes privatization plans, citing risks to the agricultural sector.
Read the full report here: https://shorturl.at/KAezV
#colombiavenezuelarelations
#gustavopetro#monómeros#monomeros