El Colombiano: Armando Benedetti will be Colombia's ambassador to Venezuela

Monomers could return to Maduro’s control, says ambassador Benedetti

The announcement about the Colombian company Monómeros, a subsidiary of the Venezuelan state oil company, was made by the designated ambassador Armando Benedetti. It occurs in the context of the reestablishment of the bilateral relationship


Armando Benedetti, designated ambassador of Colombia in Venezuela, said during the business forum “Border Agreement” that the Monómeros petrochemical company, a subsidiary of the state-owned Petróleos de Venezuela (PDVSA), was being considered for return to the Nicolás Maduro administration.

“On the issue of Monomers: the Superintendency (of Companies), in the company of our superintendent Billy Escobar, we have managed to lift the intervention,” said Benedetti, According to statements published by the Colombian newspaper The viewer.

“We have also worked to find the good success of things, because we have to change the board based on the fact that the national government has already recognized the Venezuelan. He is at the forefront of returning Monomers to where it truly belongs.“, he explained.

Regarding the Clinton list, the Colombian ambassador assured that he had spoken with people from OFAC (Office of Foreign Assets Control) so that Monomers is not included in that list.

“I told the person from OFAC yesterday (Wednesday, August 17) to be very careful with the decision that can be made with Monomers, because if it is in Colombia, the affected party would be Colombia, with food security, the shortage of urea ; and our economy would be destroyed if they thought of including it on the Clinton list », he pointed out.

According to Benedetti, the ruling Maduro is willing to give them a 38% discount on urea and 20% or 25% also on fertilizers.

«What happened with Monómeros is that they brought the raw material from Venezuela and what some suspicious people did was that the raw material did not reach Colombia, and therefore a company from the United States called Nitrol came in, and through Nitrofer, they sold ready-made fertilizers to Monómeros, in order to then appropriate our market”, he stated.

*Also read: Madurista AN confirms Félix Plasencia as ambassador to Colombia to “resume peace”

For his part, the Colombian Trade Minister, Germán Umaña, stated that “The problem for us is food sovereignty, it is a problem of creating conditions for our fertilizers with urea, within the framework of an international problem such as the war in Ukraine. The problem, quite frankly, of a company will be resolved according to the law and the Constitution », he said.

Regarding the current board of directors of Monómeros, for now the departure of its directors is not in process and Ambassador Benedetti did not explicitly develop what will be the fate of these officials.


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