PUP is re-appealing Petrocaribe Legislation

Tuesday, May 5th, 2015. BMG: According to the legislation, Alba Petrocaribe (Belize Energy) Limited” or “APBEL” is a  joint venture company owned by the Venezuelan State Enterprise, PDV Caribe and the Government of Belize company, Belize Petroleum and Energy Limited. francis_fonseca

The funds being attained from petrocaribe has been of great concern for the PUP and its leader, Francis Fonseca who is now circulating a letter to gain support in repealing the Petrocaribe legislation. Fonseca said that this letter has circulated to the general and business community for them to sign if they are in support of the movement, but he and his party are prepared to do it on their own.

Although the government has made it clear that it has no intentions of repealing the act, Fonseca insists that Dean Barrow’s administration does so immediately.

© 2015, This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

Under Post Ads

Today's News Sponsored By: larry-1 larry-3 larry-2 larry-4


Get the latest from Breaking Belize News anywhere, anytime

Like us on Facebook

Follow us on Twitter

Leave a Reply

Your email address will not be published. Required fields are marked *