The Venezuelan Government, headed by Nicolás Maduro, addresses the Republic of Colombia to reiterate the request to repeal the articles of Resolution No. 8 of its legislation, which foment the exchange rate disparity, which disturbs the Venezuelan economy through different actions that have been carried out by criminal subjects against the national currency.
“The Venezuelan Government formally reiterates the request made to the Government of Colombia to repeal the articles of Resolution No. 8 of its legislation, which foment the exchange rate disparity and disturb the Venezuelan economy, through a double regulation on the exchange of currencies, An official one, established by the Central Bank of Colombia, and another one only for borders without any defined patterns or controls”, said the official communiqué issued by the Foreign Ministry.
Following is the complete communiqué:
BOLIVARIAN REPUBLIC OF VENEZUELA
MINISTRY OF PEOPLE’S POWER
FOR FOREIGN AFFAIRS
COMMUNIQUÉ
The Bolivarian Republic of Venezuela addresses the Government of the Republic of Colombia in the opportunity to express its deep concern for the different actions that have been carried out by criminal subjects against the Venezuelan currency and economy from the territory of Colombia through the extraordinary extraction of bills of national currency.
In this sense, the Venezuelan Government formally reiterates the request made to the Government of Colombia to repeal the articles of Resolution No. 8 of its legislation, which foment exchange rate disparity and disturb the Venezuelan economy, through the double regulation on the currency exchange, an official one established by the Central Bank of Colombia, and another one only for borders, without any defined patterns or controls.
During the Presidential Encounter in Cartagena de Indias, on August 1, 2014, both countries agreed to advance in measures to attack financial illicit acts, and in September 2015, Colombia specifically proposed the publication of an Official exchange rate for the bolivars, as it happens regarding currencies from other countries. Likewise, it was agreed to review the operative exchange rate to report washing of asset, insisting that the concrete proposal would be “a greater control and more information” by the Colombian authorities.
In order to counteract the criminal attacks against our currency and with the purpose of guaranteeing the greater effectiveness of the exceptional measures recently announced by President Nicolás Maduro Moros, the Bolivarian Government informs the decision to close the border for seventy-two (72) hours starting from today’s night.
The Venezuelan Government ratifies to the sisterly Republic of Colombia its willingness to consolidate bilateral cooperation in all areas. In this regard, it requests the greater cooperation of the competent authorities for the effective and prompt recovery of the bills of Venezuelan currency that are unlawfully in this sisterly country.
AHORA:
