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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
Message: Industries presented needing budget Currency
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Industries presented needing budget Currency
Inventory of licenses for non-production requirements
Executive discusses the availability of dollars and their ability to meet (AP)
The Ministry of Science, Technology and Industry Intermediate, led by Jesse Chacon, find solutions to the situation of arrears clearance and the allocation of dollars, with which nearly all industrial sectors are importing raw materials from earlier this year.
Representatives of various chambers and associations of producers have different items passed by this office to be attended by the deputy minister Efrén Martin.
The plan submitted by the government is that each of the industries present a budget for the needs of foreign currency between now and the planned closure of the year.
In addition, the Ministry undertook to make an inventory of all non-certified production or failure to be granted to companies to qualify for official dollar making imports.
That the aim is to ensure that the proceedings be conducted expeditiously, to provide a faster flow to the authorization and subsequent liquidation of dollars.
Please note that since cadivi expanded list of products requiring such licenses (resolution of May 14), this portfolio has been a surge of applications.
Sources of the industrial sector indicated that, as announced by the office, the strategy is to count the requirements of U.S. dollars from each of the sectors during the remaining months of the current fiscal year, and then make a comparison with the availability of currency U.S. cadivi which account for the remainder of 2009.
Meetings welcome As is known, a majority of the importers of the country, including those that supply priority sectors such as food and medicine, have reduced their production levels and inventories due to delays and cutbacks in the allocation of U.S. currency is presented.
On average, the backlog reached 165 days, depending on the industry, but companies are waiting for the currency since October 2008.
Entrepreneurs interviewed representatives of the chemical industry and the graphic arts, have indicated that the strategy is positive and favorable, although they see the liquidation of the dollars are still adopted in a manner not so expeditious. MGAV
Inventory of licenses for non-production requirements
Executive discusses the availability of dollars and their ability to meet (AP)
The Ministry of Science, Technology and Industry Intermediate, led by Jesse Chacon, find solutions to the situation of arrears clearance and the allocation of dollars, with which nearly all industrial sectors are importing raw materials from earlier this year.
Representatives of various chambers and associations of producers have different items passed by this office to be attended by the deputy minister Efrén Martin.
The plan submitted by the government is that each of the industries present a budget for the needs of foreign currency between now and the planned closure of the year.
In addition, the Ministry undertook to make an inventory of all non-certified production or failure to be granted to companies to qualify for official dollar making imports.
That the aim is to ensure that the proceedings be conducted expeditiously, to provide a faster flow to the authorization and subsequent liquidation of dollars.
Please note that since cadivi expanded list of products requiring such licenses (resolution of May 14), this portfolio has been a surge of applications.
Sources of the industrial sector indicated that, as announced by the office, the strategy is to count the requirements of U.S. dollars from each of the sectors during the remaining months of the current fiscal year, and then make a comparison with the availability of currency U.S. cadivi which account for the remainder of 2009.
Meetings welcome As is known, a majority of the importers of the country, including those that supply priority sectors such as food and medicine, have reduced their production levels and inventories due to delays and cutbacks in the allocation of U.S. currency is presented.
On average, the backlog reached 165 days, depending on the industry, but companies are waiting for the currency since October 2008.
Entrepreneurs interviewed representatives of the chemical industry and the graphic arts, have indicated that the strategy is positive and favorable, although they see the liquidation of the dollars are still adopted in a manner not so expeditious. MGAV
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