by the El Reportero news services
Presidenta de Argentina Cristina Fernández
TEGUCIGALPA, Jul 30 (Prensa Latina) – Honduras is the venue on Wednesday for the 1st Agriculture Ministerial Summit of Petrocaribe, held to determine how member states will benefit from a fund created with the sale of Venezuelan oil.
The Council of Ministers of Agriculture, body created to run the budget recovered from each barrel exported outside the cooperation agreements and sold at more than $100, will be made official during the summit.
The resources will finance food initiatives to counteract social problems in Petrocaribe’s member states.
Honduras is submitting projects of irrigation, agriculture research, agricultural supplies, fertilizers and improved seeds production, machinery and production equipment, drying and storage, lab installation and rural funding.
The 1st Agriculture Ministerial Summit answers to the initiative approved during the 5th Extraordinary Petrocaribe Ministerial Conference held in Maracaibo, Venezuela, in July 13, 2008.
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