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Jun 10, 2015

What About Government’s Proposed Petrocaribe Amendments?

Mark Lizarraga

Likewise, Lizarraga shared the private sector organization’s position on the proposed amendments to the Petrocaribe Loans Act.


Senator Mark Lizarraga, Representative, Private Sector

“The chamber of commerce met, the executive of the chamber of commerce had several meetings with its attorneys and consulted when the proposed amendments came out and basically what they are saying and they made a release to their members, and basically what they are saying is that the proposed amended sections to Sections Three-Two, Three-Three and Three-Four of the act are redundant.  In other words, everything that is being proposed under these sections that will be amended has already a place in some other law to pay back.”


According to Lizarraga, the chamber has reached out to government in good faith to discuss specific areas of concern with the proposed changes.

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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