New Market Report Now Available: Pasta in Venezuela
The Venezuelan government reduced the production quota of dried pasta under the pricing control scheme. In Official Gazette No. 39,861 of 9 February 2012, the Ministries of Trade, Agriculture, and Lands, reported a reduction of 80% to 70% in the production quota of wheat pasta with regulated price. That is, 70% of total production of dried pasta must be basic varieties that are under pricing controls. In the past, the quota was set at 80%. It is expected that this...
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