The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Felipe Capazzolo, spoke about the economic recovery plan proposed to government authorities. This plan focuses on new business models, import substitution, and increased exports.
It…
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import substitution
Venezuela signed agreement to activate 10 plastics industries
The Venezuelan government, through the Ministry of Industry and National Production, signed an agreement with companies in the plastics industry to promote good business practices and import substitution.
The agreement is part of the…
New public purchases law will stimulate import substitution
The approval, by the National Assembly, of the Law on public purchases will allow the acquisition of nationally produced goods, which will promote the progressive substitution of imports.
Orlando Camacho, president of Fedeindustria and…