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Monday, March 29, 2010

Bolivian President Threatens to Nationalize Sugar Growers http://boliviarising.blogspot.com/2010/03/bolivian-president-threatens-to.html

President Evo Morales warned that he will nationalize sugar refineries whose owners try “to sabotage the Bolivian people” by selling their product at elevated prices in Bolivia’s domestic market.

“If some owners of sugar refineries continue selling their sugar more cheaply abroad and more dearly (domestically), I will see myself forced to nationalize ... those factories, without any fear,” Morales said.

The president reiterated the need to have state-run sugar factories “so that the private ones are not sabotaging or blackmailing the Bolivian people by selling their sugar more cheaply abroad and more dearly in Bolivia.”

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