Chavez: Creation of
International Oil Bank
CARACAS - Venezuelan
President Hugo Chavez
again suggested the
creation of a bank of
the Organization of the
Petroleum Exporting
Countries OPEC or an
international
oil-producing bank
composed by two or three
nations.
We already told Energy
and Oil Minister Rafael
Ramirez to announce the
initiative at OPEC´s
extraordinary meeting,
Chavez expressed when
delivering the lecture:
Answers of the South to
the world economic
crisis, in session until
Saturday.
In case they do not
agree, we would then
create a bank with two
or three countries,
Chavez expressed when
mentioning Iran,
Ecuador, Russia and
Bolivia as possible
members.
We have been saying this
for years. We are going
to create in Latin
America the necessary
and sufficient
structures to keep our
reserves safe. It is
necessary to do it in a
progressive way, Chavez
highlighted. |
