Venezuela's public affairs "cannot be submitted to outside jurisdiction" *LINK*

Subject: 
Venezuela's public affairs "cannot be submitted to outside jurisdiction" *LINK*
Posted By: 
TNT MadDog
Date: 
Wednesday, February 01, 2012 09:07 pm

CLIP:

Oil and energy minister Rafael Ramirez commented on Tuesday that new oil projects in Venezuela would not be subject to international arbitration, and that Venezuela’s withdrawal from the ICSID was because Venezuela’s public affairs “cannot be submitted to outside jurisdiction”.

Venezuela entered the ICSID in 1993, a move which the current foreign ministry has described as “the decision of a weak provisional government deprived of popular legitimacy, pressured by the transnational sectors that participated in the dismantling of Venezuela’s national sovereignty”.

Feed Post Image: