October 26, 2004
Conindustria proposes strategic alliance with the government

(Últimas Noticias) - "The Venezuelan Confederation of Industries (Conindustria) proposed to the central government a strategic alliance in order to favour the reactivation of the national productive sector and the generation of new sources of employment.

The directors of Conindustria, presided by Lope Mendoza met with Vice President José Vicente Rangel and agreed to present a priority agenda, in order to establish a timetable to reactivate the industry.

Conindustria agreed to provide 'documents containing the different issues to be discussed with the ministries that are most related to the industrial sector, such as Production and Commerce, Finance, Labour, Science and Technology, Health, as well as PDVSA and the Venezuelan Corporation of Guayana', informed Mendoza.

As priority issues to be discussed, Conindustria proposed labour, fiscal, economic integration and competitiveness areas. Mendoza explained that there will also be proposals regarding job immobility, incentives and fiscal exemptions, opportunities with Mercosur and the strengthening of the small an medium industry in Venezuela. It is expected that this last sector will be consolidated as a non-traditional exporter and inserted in the government's development plans.

Mendoza said they expect to have results from this alliance with the government by the first quarter of 2005. He also said Conindustria forecasts that the GDP will grow this year between 8 and 9% and that inflation will be of around 20% at the end of the year (…)".




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