Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
S. American, Arab nations condemn attempt to control Venezuela's resources
+ -
13:27, February 22, 2008

 Related News
 Ecuador highlights oil and gas integration with Venezuela
 South American, Arab countries call for new Argetina-Britain talks over disputed islands
 Plane with more than 40 aboard missing in Venezuela
 S American, Arabian Foreign Ministers meet to strengthen multilateral ties
 Venezuelan president plans new oil taxes
 Comment  Tell A Friend
 Print Format  Save Article
South American and Arab countries on Thursday condemned the attempt of any superpower or country to control Venezuela or any other South American country's resources.

In a statement issued at the end of a two-day meeting in the Argentine capital which drew foreign ministers from over 30 South American and Arabian countries, the participants said countries, while abiding to the UN charter and the international law principles, have "the sovereign rights to exploit their resources under their own laws and their own development policies."

The statement is regarded as a condemnation to the United States as Venezuela has accused Washington of attempting to overtake Venezuela's oil resources by such oil giants as the ExxonMobil.

Venezuelan Foreign Minister Nicolas Maduro said at the meeting that Exxon Mobile, the largest U.S. oil company, went so far as it even registered Venezuela's oil assets as belongings to Exxon Mobile.

Exxon Mobile recently won court orders in Britain, the Netherlands and the United States on freezing assets worthy of some 12 billion U.S. dollars owned by Venezuelan state oil company Petroleos de Venezuela SA in a battle for compensation over the loss of a project in Venezuela's drive to nationalize its energy sector.

Maduro thanked these South American and Arab countries for their support and said the Venezuela-Exxon dispute is more political than legal.

Source: Xinhua

  Your Message:   Most Commented:

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved