AN approved in the second discussion the Approval Law to Protect Investments between Venezuela and China
Published at: 19/09/2024 08:56 PM
The National Assembly (AN), approved by qualified majority in a second discussion, the Bill Approving the Agreement between the Government of the Bolivarian Republic of Venezuela and the Government of the People's Republic of China concerning the Promotion and Protection of Investments.
In the regular session of the AN, this Thursday, September 19, the deputy Jesús Fanía, reported that the commission appointed to prepare the report of the aforementioned law, took into account “the gigantic relevance of an agreement with the main economy of the planet at present”.
He pointed out that China is “the most important factory in the world, the main exporting power on the planet and also a true engine of the world economy.”
He stressed that at a time when Venezuela “is blocked by absolutely illegal and brutal sanctions from the North American government, alternatives are opening up for the country's development and that fully corresponds to the efforts made by the government with the revolution and the entire nation, to guarantee peace and tranquility.”
In this direction, he affirmed that in this way, conditions are created for investments to “reach the country and promote comprehensive economic and social development.”
Faria pointed out that this is “a very important step in the deepening of relations of cooperation and brotherhood between the People's Republic of China and the Bolivarian Republic of Venezuela.”
Referring to the BRICS, he stressed that “they will play a fundamental role, there is China with its stellar role and Venezuela being fully incorporated.”
“This Agreement is included in this Agreement, which the Ad Hoc Commission composed of the Permanent Committee on International Relations, Economy and Finance approves in each of its parts,” he said.
Mazo News Team