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Chavez Pledges to Help Bolivia’s Energy Sector

HeadlineAug 13, 2007

In news from Latin America, leaders from Venezuela and Argentina met in Bolivia on Friday to support Bolivian President Evo Morales plan to nationalize its energy sector. Venezuelan President Hugo Chavez pledged to help Bolivia.

Hugo Chavez: “The story of neoliberal globalization was to privatize because that would bring big investments. That’s a lie. Now we have to bring investments, technology. And we are going to look for the gas that lies inside the Bolivian homeland.”

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