Venezuela at risk of famine according to chamber group

miamidiario.com reported at the end of the first quarter of this year most companies affiliated with the Venezuelan Chamber of Industry Food ensures that accounts with an average of only 15 days of inventory of raw materials and inputs, national and international matters, affecting severely continuity of production.

The union said in a statement that “the replenishment cycle inventory of raw materials s and has been interrupted in more than 15 categories, including ketchup, mayonnaise, rice, beer, biscuits, bread, lunch meats, sausage, stewed fruit, long – life milk, juice, tuna and jellies “.

He warns that since last year the industry faced delays of up to 100 days in the granting of certificates of non-domestic production and 200 days on the authorization to acquire foreign currency. Also ensures that payments to international suppliers, in most cases, it takes up to 300 days from receipt of the goods to the country. Read Article