During the launching of what has been called the historic patriotic petrochemical block, the government of Venezuela urged the defense of energy resources to prevent theft by transnational corporation
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00:00During the launching of what has been called the historic patriotic petrochemical bloc,
00:05the government of Venezuela urged the defense of energy resources to prevent theft by transnational
00:11corporations.
00:12During the event, Venezuelan Vice President Delsi RodrĂguez stressed that in the next
00:17nine years the oil and chemical markets will have a growth of up to 72%.
00:23The vice president emphasized that in spite of the sanctions imposed by the United States
00:28government, there is evidence of economic growth in areas such as agro-industry, agriculture
00:33and cattle raising.
00:35RodrĂguez pointed out that the first phase of the new economic recovery program will
00:40be focused on the Venezuelan working class since it is the hardest hit sector by the
00:45Western sanctions.
00:53I don't have to explain to you what every working man and woman in the country has lived
00:57through with their families.
01:04To take away from Venezuela, each year, 99% of its foreign income meant the suffocation
01:15of the economy and the inducement of an inflation that destroyed that.
01:28The Venezuelan vice president also highlighted the nation's economic growth after the implementation
01:33of the economic recovery plan promoted by President Nicolás Maduro.
01:42We all agree to implement a new economic model in order to diversify the economy and
01:47that is why, in August 2018, President Nicolás Maduro launched the Program for Economic Recovery,
01:54Growth and Prosperity.
01:55Today, five, six years later, we can say that this program is showing a positive balance
02:01in favor of Venezuela.
02:03A good point for Venezuela, thanks to President Nicolás Maduro.