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DIARIO LIBRE PUBLISHES FIGURES

San Juan de la Maguana, Dominican Republic.- The reasons why the program to swap black beans for crude in the Dominican Republic-Venezuela Petrocaribe between failed, depends on who explains them.

Newspaper Diario Libre reports that Venezuela ambassador Alfredo Murgas revealed that failed planning caused Dominican Republic to supply in two years, only half of the 10,000 tons of beans stipulated.

But the Government wants to allege Caracas’ lack of interest due to prices, since the Dominican beans were sold at US$1,250 per metric ton, (including cost, insurance and freight) a price which Venezuela accepted despite being higher than other international markets.

The Petrocaribe agreement presidents Hugo Chavez and Leonel Fernandez signed on June 29, 2005, stipulates that Dominican products could pay for part of the fuels.

As of last year Dominican Republic owed US$2.02 billion to Venezuela, its partner through the Petroleum Refinery, and has to pay US$74.1 million this year. According to a Treasury Ministry report in January, US$69.8 million will be paid this year with national products, such as pastas and liquid sugar.

The black beans weren’t taken into account because, according to Treasury, Venezuela refuses to continue accepting them at the previous price, but also because of the low harvest, which led to a difficulty in paying the debt.

The farmers however clearly see the reasons behind the failure.

Víctor Matos, executive of the black bean farmers grouped in the CAU, called it the "interests" within the Government.

He said senior officials of the Treasury Ministry, which managed the program, became “just more intermediaries” who south to profit from their roles of simple coordinators.

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COMMENTS
27 comment(s)
Written by: BASTA, 2 Mar 2012 8:00 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all Never Confuse Education with Intelligence
Good going pld!
Written by: foresthill, 2 Mar 2012 8:12 AM
From: Dominican Republic
horay for the PLD
Written by: foresthill, 2 Mar 2012 8:18 AM
From: Dominican Republic
2.02 billion us dollars owed to Venezuela. Nice going Leonel I hope your pork chop will be able to keep up the good work.
Written by: Atabey, 2 Mar 2012 8:41 AM
From: United States, Bring DT Forum Back--

If DR had to go to the open market and purchase the oil it would be MUCH MORE costly.

What Chavez has provided in terms of financing is EXTREMELY generous. So first look at the facts before criticizing the costs.

The Black bean fiasco is indeed a cause for concern and rightfully should be criticized.

Written by: anbro2007, 2 Mar 2012 9:01 AM
From: United States
2.02 B US dollar depths? Everyone is paying for gas...... on a daily base, so how dose it works that the money is not paid? some rich folks are around!!!
Written by: josean, 2 Mar 2012 9:02 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

EVERTHING Lie-onel has done in his horrendous 12 NARCO years doesn’t even amount to a HILL of BEANS!

At least Burro Hippo knows how to grow beans and yuca!

The PLD 12 year reign of ECOMIC TERROR on the Dominican people has been a catastrophe that only begins to rear its ugly head. When the METROLANDIA economic bubble explodes it will be worse than a TSUNAMI!

We better hope that Chavez survives his illness, because if a more traditional ruler takes over with a more conservative economic foreign policy we will have hell to pay because of Lie-onel mismanagement and thievery!

Written by: gmiller261, 2 Mar 2012 9:06 AM
From: United States
"Even beans become a Dominican Government scandal"

DT, I like your style. Call it as you see it.

There isn't one endeavor that has to do with money that Dominican authorities will not f... it up.

1) Groundhogs day and inbred entitlement mentality
2) The inability to be embarrassed
3) No idea what taking responsibility is
4) Always someone else's fault
5) Transparently corrupt and wear it as a badge of honor

Pathetic.
Written by: CarlosFranco, 2 Mar 2012 9:12 AM
From: United States, Brooklyn

Leo get your party together and don't bite the energizer bunny!
Written by: josean, 2 Mar 2012 9:13 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Words synonymous with PLD:

1. Corruption

2. Stealing

3. Narco

4. Malfeasance

5. Nonfeasance

6. Misfeasance

7. Lying

The order is subjective and can be rearranged according to Lie-onel's behavior on any given day!
Written by: josean, 2 Mar 2012 9:33 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

"The Black bean fiasco is indeed a cause for concern and rightfully should be criticized"

But of couse when you do Atabey goes into his knee jerk reaction of Prematurely Ejaculating MINUSES!

You are such a self-serving HYPOCRITE!!
Written by: jarabacoa, 2 Mar 2012 9:42 AM
From: United States
We are screwed if chavez is gone.
Written by: Atabey, 2 Mar 2012 9:48 AM
From: United States, Bring DT Forum Back--
Josean,

What minuses have I given this thread?

Stay on topic. Play the ball, not the person.

I maintain that the financing agreement that Chavez has offered DR is VERY GENEROUS and anyone who has knowledge of the terms would agree. As for the lack of Black beans or other legumes being produced in both quantity and quality to meet the terms, YES valid criticism is in order. However, there appears to be a significant disparity between what the price of the beans should be; with the Venezuelans taking a higher than Market price for the beans initially and then insisting on a lower, more market friendly price in return.

"Caracas’ lack of interest due to prices, since the Dominican beans were sold at US$1,250 per metric ton, (including cost, insurance and freight) a price which Venezuela accepted despite being higher than other international markets."


Written by: josean, 2 Mar 2012 9:54 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

"Who have I stabbed in the back" asks the derranged one whith knife in hand dripping in MINUS Blood!
Written by: anthonyC, 2 Mar 2012 10:32 AM
From: United States
"The reasons why the program to swap black beans for crude in the Dominican Republic-Venezuela Petrocaribe between failed, depends on who explains them."

Seriously?

A plan to swap beans for crude between 2 countries like the D.R. and Venezuela and you have to ask why it failed?
Written by: RobertoJose, 2 Mar 2012 10:42 AM
From: United States, FREEPORT, Long Island......blues, stripe bass and now doormats
Damn!!! I must be psychic

One must be sharp as a bowling ball to not see this coming when leo on three occasions chased and begged hugo to go in on almost half of the refinery. Now, look at the mess Bruce Leroy got us into...

A public stoning of leo with flat river rocks would be nice, even more pleasant would be watching children side arming half dollar size rocks towards him.


Written by: danny00, 2 Mar 2012 10:47 AM
From: United States, Acropolis 123 santo DOMINGO
In recent years, Venezuela’s crime rates have increased more than those of any other Latin American country. In 1998, when President Hugo Chavez was first elected, 4,550 murders were recorded. By 2011, that number had skyrocketed to 19,336 ? an astonishing figure that exceeds the total number of murders in the United States and the European Union combined.


Today, with a homicide rate of 67 per 100,000 people, Venezuela trails only Honduras and El Salvador. The situation is especially bad in Caracas, which has likely become the world’s most dangerous city. At approximately 210 murders per 100,000 inhabitants, the city’s murder rate has now surpassed that of Mexico’s Ciudad Juarez ? the front line in Latin America’s drug wars.
Written by: danny00, 2 Mar 2012 10:51 AM
From: United States, Acropolis 123 santo DOMINGO


DEA Assistant Administrator Rodney Benson said the presence of the Sinaloa Cartel in the Dominican Republic was confirmed in an operation last year in which the agency helped local officials arrest Luis Fernando Bertolucci Castillo, a member of the Sinaloas who’d been coordinating shipments by air from Venezuela. According to VOXXI, during his interrogation Castillo admitted to having a direct line to reputed Sinaloa boss Joaquin “El Chapo” Guzman. Castillo was extradited to the United States late last year to face drug charges.

But the Dominican Republic was unprepared for the ensuing acts of reprisals and violence. Dr. Eduardo Gamarra, with the Florida International University, an expert on the Caribbean region, observed, “The Dominican Republic is becoming the place where numerous drug trafficking transnational organizations are settling their scores.” A survey concluded that 60 percent of Dominicans don’t feel safe in their own neighborhood
Written by: danny00, 2 Mar 2012 10:57 AM
From: United States, Acropolis 123 santo DOMINGO
A 2011 United Nations report on homicides worldwide reveals that the homicide rate in the Caribbean has increased every year since 2006, and the area is now experiencing some of the highest levels of lethal violence in the world.
leo walks proud with mr. chavez,
but look who he sleeps with?
great story in the miami hearld newspaper in florida yesterday,,
80% OF OF THE COCAINE REACHING PUERTO RICO COMES THOUGH VENEZUELA AND THE DOMINICAN REPUBLIC.
GREAT FRIENDSHIP THESE TWO HAVE AND THE BUSINESS THE THEY DO TOGETHER.
Written by: JNpcgoods, 2 Mar 2012 11:01 AM
From: Dominican Republic
What a F*****kin Joke!
Written by: stillhere, 2 Mar 2012 12:22 PM
From: Dominican Republic
So we buy it for under world prices, pay more at the pump than most of the world, pay in beans above world prices and still fail to pay...??? What is wrong with this picture??? Even the bean counter fail to count the beans.... What a national and international joke this administration is ...

Oh..... I forgot we sold him half the refinery as well...... What else are we going give him so we can keep getting cheap oil,????
Written by: RobertoJose, 2 Mar 2012 1:29 PM
From: United States, FREEPORT, Long Island......blues, stripe bass and now doormats
Re-thinking this entire fiasco and there is a possibility that the tankers transporting oil from Venezuela to DR could be carrying the fine white powdery stuff. Hope I'm wrong, but, looking at it in a criminals point of view it all makes sense....
Written by: hellborn25, 2 Mar 2012 2:31 PM
From: United States, New Jersey Home of the brave.
hugo chavez made this deal , and he has no one to blame but himself for agreeing to such and absurd contract . Reminds me of the fairy tale of jack and the beanstalk .

In the Jacobs version of the story Jack is a young lad living with his widowed mother. Their only means of income is a cow. When this cow stops giving milk one morning, Jack is sent to the market to sell it. On the way to the market he meets an old man who offers to give him "magic" beans in exchange for the cow.

NICE GOING HUGO HOWS THOSE MAGIC BEANS WORKING FOR YOU NOW .
Written by: easyrider, 2 Mar 2012 3:03 PM
From: Dominican Republic, Barahona
Live by the sword, die by the sword. Chavez copied Castro and stole billions of dollars of private businesses. The PLD is doing what historically all the parties do, steal from the pueblo.

WHAT GOE'S AROUND COME'S AROUND.
Written by: josean, 2 Mar 2012 3:53 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Chavez is going to put a Lien on the METRO!
Written by: Trujillo, 2 Mar 2012 6:16 PM
From: Dominican Republic
Beans for petroleum failed? no sh**... And for those talking about crime rate in Venezuela, read this: bbc.co.uk/news/world-latin-america-16349118
Written by: RoyStone, 2 Mar 2012 8:18 PM
From: Australia
Venezuela has one of the highest rates of crime, corruption and murder. It also has the highest percentage of Catholics. Other Latin American and Caribbean countries are not far behind. There is a direct relation between crime, corruption and murder, and Christianity, especially Catholicism.

Mere coincidence?
Written by: HONEST, 2 Mar 2012 9:54 PM
From: Dominican Republic, SANTO DOMINGO I will destroy the wisdom of the wise, I will bring the discernment of the discerning to nothing
at the end DOMINICAN REPUBLIC is left holding the bag
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