Andean Group - February 2013 (ISSN 1741-4466)

The Chávez government is intent on forging a new state-led industrial base that would serve Venezuela’s new partners in the Southern Common Market (Mercosur). Venezuela’s private sector is sceptical, fearing that it will be left out of preferential new commercial deals between the import-addicted Socialist state and Mercosur suppliers, with state-run Venezuelan companies the only beneficiaries of any new export growth.

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