This is Venezuelan socialism ☭
☭SOCIALIST ELITES STEAL WHILE CHILDREN STARVE UNDER LEFTIST GOVERNMENT☭
Venezuelan cocoa trader Freddy Galindo has battled highway robberies, kidnappings of family members and declining quality in his 19 years exporting the nation’s legendary beans.
This year’s harvest brought a new worry: meddling by the socialist government.
Trucks filled with beans leaving his warehouse in central Venezuela were stopped by soldiers at checkpoints and held for days; drivers were forced to unload cargos at government warehouses.
87 tonnes of his cocoa, worth about $130,000, were missing when the trucks were finally released.
Other traders in Venezuela have reported similar delays and confiscations in recent months.
Government officials say the beans have been seized by the state to settle delinquent tax bills.
Growers and traders fear their industry is being targeted for a government takeover.
Nationalization has crippled Venezuela’s oil and manufacturing sectors as well as agricultural industries including coffee and sugar.
The private sector still controls most of the cocoa trade. But with crude output collapsing amid an economic crisis, the government has increased its emphasis on alternative export industries such as cocoa and gold.
Chocolate makers have cut back their purchases of Venezuelan cocoa in recent years.
Delays in export permits have stalled shipments, forcing buyers to go elsewhere. Quality has suffered too. Venezuela’s strict currency controls have prevented many farmers from getting imported chemicals they need to fight disease. Wary of thieves, many growers have abandoned the flavor-enhancing practice of laying harvested beans out to dry and ferment.
“That processing is as much an art as making the final product. It is a very sad situation,” said Gary Guittard, president and chief executive of Guittard Chocolate Company. He has reduced purchases of Venezuelan cocoa because of the dearth of top-grade beans.
The quality slide is reflected in prices. A decade ago, Venezuelan cocoa fetched 36 percent more than beans from Ivory Coast. Unwanted Venezuelan cocoa is piling up at warehouses.
An ally of President Nicolas Maduro says he has devised a plan to revive the sector. Among his initiatives: establishment of the state-run Miranda Cocoa Corporation. The state only took beans from traders who had tax debt, he said.
https://www.reuters.com/article/us-venezuela-cocoa/venezuela-cocoa-growers-fear-new-pest-the-government-idUSKCN1OQ09G