In an interview conducted by journalists from the Spútnik news agency and within the framework of the International Energy Week in Moscow, the sectoral vice-president of economy and Minister of Industries and National Production, Tareck El Aissami, affirmed that the economic and financial blockade imposed by the US against Venezuela, forms “part of a script” to destroy any productive and prosperity path in Venezuela.
He denounced that these arbitrary measures have prevented transactions for the purchase of medicines and food for about 5,000 million dollars in the last two years. He revealed that the sanctions mechanism has also favored certain economic groups, noting that a report with concrete data will soon be published.
Regarding the effects on the state sector, El Aissami explained that Venezuela has “more than 1400 million dollars kidnapped in the Euroclear platform”, one of the largest systems of compensation and settlement of financial values in the world. By listing some of the advantages that make the country competitive, such as resources, water, energy and cheap labor, he stressed that “Venezuela is one of the most attractive markets for international investors according to analysts”.
Recovery of the productive production system
When taking stock of the Plan for Recovery, Growth and Economic Prosperity, one month after its implementation, the results have been fully satisfactory, he said.
“We have increased tax collection substantially, and recovered the purchasing power of the venezuelan people, especially the venezuelan working classes, we have encouraged the savings of all families backed by gold, there is a vertiginous recovery of the sector and the productive apparatus itself, the Government has been financing the productive sectors sucha as the agroindustry, the marketing chains, the pharmaceutical laboratories, among others in sovereign bolivars and in convertible currencies”.
In response to the demand for an immediate response from the Revolutionary Government, El Aissami responded:
“We are engaged like never before to take care of this task, which is economic recovery. We have already begun to move towards the recovery of the seriously disturbed balance, the president explained it by three essential factors: the first, the drastic fall in the price of oil, which today has recovered its fair value after the agreement signed by the OPEC countries and not OPEC”.