The Traderszone Network

Published in TZ Latest News 10 May, 2014 by The TZ Newswire Staff

Venezuela’s Polar finds temporary solution to currency hurdle

Venezuela’s largest private company Empresas Polar said on Saturday it was re-starting production of pasta halted over delays in foreign currency allocations from the government. Polar’s suspension of its pasta plant in central Maracaibo city last month was symptomatic of both private businesses’ disputes with President Nicolas Maduro’s government over currency controls and Venezuela’s shortages of staples.

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