Chavez discards British resolved’s compensation demands
CARACAS, Venezuela — President Hugo Chavez says Venezuela refuses to reimburse compensation now foreign currency to a British-owned company in the same way as his government expropriated tens of thousands of acres of its ranchlands.Chavez says the government has customary a demand meant for payment into dollars from the owners of Agropecuaria plants, a narrow subsidiary of the British company Vestey troupe.But Venezuela insists wearing paying instead of privileged terrain it has taken terminated wearing bolivars, Venezuelas currency.Its thorny on behalf of foreign companies operating in the sphere of Venezuela to send back profits and other salary due to foreign currency controls in the sphere of the South American realm.Representatives of Agropecuaria plants did not answer phone calls seeking comment Sunday.
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