President Hugo Chavez on Sunday vowed to move forward on the nationalization of land owned by a subsidiary of British meat products company Vestey, as he called for “acceleration of the agrarian revolution.”
A week after opposition parties were emboldened by a strong showing in legislative elections, Chavez used his first television program since the vote to announce moves to strengthen his self-styled revolutionary government.
“All of the lands of the so-called Compania Inglesa will be nationalized now,” Chavez said, referring to the subsidiary of Britain’s international food giant Vestey.
“I don’t want to waste another day,” he added.
Chavez called for the acceleration of nationalizing agricultural assets across the country in coming months, including land and property owned by Venezuelan farming technology company Agroislena.
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