Chavez offers ‘oil for food’

Dandelion Salad

Al Jazeera English
Dec. 21, 2007

Venezuela’s president has offered Caribbean and Central American nations the option to pay for oil supplies with local products, such as bananas and sugar.

Speaking in Cuba at a meeting of Petrocaribe, his regional energy alliance, on Friday, Hugo Chavez also lambasted the US and other rich nations for squandering world resources.

“We have begun to create a new geopolitics of oil that is not at the service of the interests of imperialism and big capitalists,” Chavez said in his speech.

He dismissed Americans and “Yankees” and pledged Venezuela’s oil and gas would “always be at the service” of its “brother nations”.


h/t: ICH

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