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Chavez seizes Smurfit Group in Land reform

This is a discussion on Chavez seizes Smurfit Group in Land reform within the Foreign Affairs forums, part of the Topical Discussion category on Politics.ie. President Hugo Chavez said Thursday that his government has seized land owned by an Irish cardboard maker as part of ...
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Old 6th March 2009
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Default Chavez seizes Smurfit Group in Land reform
President Hugo Chavez said Thursday that his government has seized land owned by an Irish cardboard maker as part of a sweeping agrarian reform initiative.

The government took control of 3,700 acres (1,500 hectares) owned by the Dublin-based Smurfit Kappa Group because they were being used to grow eucalyptus, a cardboard component, rather than food in violation of Venezuelan law, Chavez said during a televised speech.

Chavez's Government Seizes Irish Company's Land - General * Europe * News * Story - CNBC.com

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Old 6th March 2009
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Fair play to him.
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Old 6th March 2009
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Another industry for Chavez to drive into the ground. If food production drops off to the same degree other state run indistries have, Venezuela could be in serious trouble.
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