Just Released: "Food Preparation Appliances in Venezuela"
Most of the products in the food preparation appliances category are imported, thus are subject to the restrictions which Government policy is placing on imports. Non-essential products such as food preparation appliances, whose prices are not regulated by the government, saw higher prices, reflecting higher costs. Industry sources stated that CADIVI and MILCO (Ministry of Industry and Trade) reduced approvals for obtaining foreign currency for importers. This compelled importers to buy foreign...
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