Coca-Cola Ready To Negotiate With Venezuela Over Land
Tuesday, 10 March 2009
CARACAS: Coca-Cola Femsa committed itself on Monday to pursuing a "dialogue" with the government after the announcement by Venezuelan President Hugo Chavez that he had ordered the firm to vacate land in Caracas so that low-income housing can be built upon it.
"We confirm our highest willingness to support initiatives that contribute to the goal that the government has set ... and we are confident that dialogue will result in our creating proposals and alternatives that benefit all," said the Mexican-owned bottling company in a brief press statement.
Chavez gave Coca-Cola Femsa two weeks to vacate land in western Caracas that it currently uses to park delivery trucks.
"I'm giving two weeks to the Coca-Cola company for them to voluntarily vacate that land," said Chavez on his Sunday radio and television program, "Hello President."
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