Venezuela’s National Constituent Assembly, ANC, has begun to debate a foreign investment bill introduced by President Nicolas Maduro.
Keila de la Rosa, a member of the ANC's Economic Commission, said the bill would “continue to guarantee judicial security to all businesses” once passed. She added that it would work in conjunction with the Agreed Prices Law passed in September to protect the population from economic war incited by the United States and allied forces.
The ANC is also currently debating a tributary bill that would protect Venezuela from speculation investments as well as a mining bill the government hopes will bring in further tax revenue from outside investors while maintaining political sovereignty.
“We can’t continue to be silent when we are buying from businesses at speculative prices," de la Rosa said.
"We’re going to cut off speculators at the pass.”
Maduro's administration said these policies are intended to economically protect the country and increase productivity.
In addition, de la Rosa called on businesses selling coffee, poultry, rice, flour, sugar and meat to sell these products at agreed-upon government prices as Venezuelans purchase them on a daily basis.