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Venezuela to Mayor: NO Expropriations



Prensa Latina
CARACAS
Petroleumworld.com 08 31 06

The Venezuelan government rejected expropriations Wednesday, decided on by the capital´s Metropolitan Mayoralty, alleging they could affect Constitutional norms and national laws.

A declaration signed by the Vice President Jose Vicente Rangel recalls that authorities respect and demand respect for the ruling regulations and reject any attempt to subvert the rule of law.

Property rights are to be guaranteed without ambiguities, without ruling out matters related to public utility or general interest, so that state action is absolutely subordinated to the rule of law, the message stressed.

The declaration considered Metropolitan Caracas District Majors´ Office responsible for the expropriation decrees, involving the golf playing fields of the Country Club and Valle Arriba.

Prensa Latina 30 08 06

Copyright ©2006 Prensa Latina. All Rights Reserved.

 

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