Socialist Venezuela is reduced to barter;
The president of the Venezuelan Civil Aviation Institute (INAC), Pedro González Díaz and representatives from Air Italy airline have agreed on new terms to settle the debt the Venezuelan forex commission, Cadivi, owes to international airlines.
During the meeting, the parties agreed on a 50% payment of the debt in jet fuel. Another 25% will be paid with bonds and the remaining 25% with US dollars in cash.
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