VENEZUELA MARKET INTERVENTION SPARKS MASSIVE CONTRABAND INDUSTRY IN COLOMBIA
September 1st, 2014
THE MARKET distorting economic policies of Venezuela’s government were supposed to help the country’s poor, but instead have created a boom in contraband smuggling into neighbouring Colombia, generating massive profits for organized crime, James Bargent reports.CONTRABAND and smuggling permeate every aspect of economic life in the windswept Colombian border city of Cúcuta. The main roads are lined with shacks offering contraband petrol decanted from jerry cans, the shops and market places are piled high with Venezuelan products, and even restaurants serve ...
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