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The Venezuelan regime bans the use and research of modern biotechnology-derived agriculture. The United States is currently the leading exporter of biotech-derived crops to Venezuela, including corn, soybeans, soybean meal, and soybean oil.
Economic mismanagement and an over dependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.
Economic mismanagement and an overdependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.