Tilting Toward Petrocaribe
December 2007 | Political Risk AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: High imported fuel prices have pushed the Honduran government toward negotiating with Venezuela to become part of the Petrocaribe oil subsidy initiative. The move is the latest desperate energy-related measure by the government, but we believe that it is a sensible one under the circumstances.