Caribbean leaders have signed up to Petrocaribe *LINK*

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Posted By: News
Date: 9, September 05, at 12:45 a.m.

Caribbean leaders have signed up to Petrocaribe, an oil initiative put forward by Venezuela's President Hugo Chavez aimed at offering cheap crude.
Venezuela is the world's fifth-largest oil producer and will offer oil at preferential rates to those countries. Signatories will be allowed to defer payments, as well as covering costs with goods like rice, bananas or sugar.
Full Article : news.bbc.co.uk

http://news.bbc.co.uk/2/hi/business/4222268.stm

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