Govt reflects on Chávez’s PetroCaribe initiative
GEORGETOWN, Guyana - The revolutionary PetroCaribe initiative that allowed signatory nations to benefit from subsidised Venezuelan fuel and the role its architect Hugo Chávez, the late President of Venezuela played as a patron in Latin American and Caribbean integration, were among the highlights at a reflection of the life of the leftist leader Monday afternoon.
Finance Minister Dr Ashni Singh, who was one of the presenters at the Red House event, recalled being part of a delegation from Guyana that visited Venezuela as the Caracas Energy Accord, the forerunner to PetroCaribe was being conceptualised under the auspices of Chávez.
He said he was impressed with the way the Venezuelan leader went about undertaking the discussions, paying keen attention to the peculiar challenges of each small country representative at the discussions and advancing a suitable response for each.
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