IBOV 185,483.42 ▲ 3.21% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% USD/BRL5.11▼ 0.96% USD/MXN16.97▼ 0.15% USD/CLP938.22▲ 0.09% USD/COP3,150▼ 1.82% USD/PEN3.36▼ 0.07% USD/ARS1,512▼ 0.08% USD/UYU40.24▲ 1.21% USD/PYG5,885▲ 1.38% USD/BOB12.20▲ 4.46% USD/DOP58.55▲ 0.49% USD/CRC445.58▲ 1.89% USD/GTQ7.63▲ 2.07% USD/HNL26.83▲ 1.45% USD/NIO36.62▲ 0.20% USD/VES799.17▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.66▲ 0.93% EUR/BRL5.92▼ 1.62% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,483.42 ▲ 3.21% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Wednesday, September 2, 2026

Venezuela Business - Brazil

Venezuela to boost new property system

By · August 18, 2022 · 2 min read

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On Wednesday, August 17, Venezuelan President Nicolás Maduro announced the creation of the National Land Commission, which aims to reinforce the policies of democratization of property over the territories and thus strengthen productivity in the South American country.

“In Venezuela, there has been an agrarian revolution in peace; in the past, the greatest conflicts in Venezuela and humanity were based on land ownership; there was a brutal exploitation system,” said the president during a speech broadcast by the state television.

Maduro assured that “there are still some half feudal systems, of some landowners, but justice will arrive, the constitution will arrive, and the light of truth will also arrive there, that is why I have decided to approve the creation of the National Land Commission to give a necessary boost to the democratization and distribution of land with agricultural vocation”.

Venezuelan President Nicolás Maduro.
Venezuelan President Nicolás Maduro. (Photo: internet reproduction)
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The Head of State clarified that this is a measure to “give the land to those who work it, but it is not only about giving the land but also that there is support to productive projects, with financing, provision of seeds, machinery and experts”.

He explained that the referred national instance would have 24 state spokespersons, 335 municipal spokespersons (one for each country locality), and 1,123 parish spokespersons.

According to official figures, 12.6 million hectares have been handed over in Venezuela in the last 20 years, and the ownership of 3.6 million hectares has been regularized.

In addition, the president highlighted that “Venezuela is advancing in a great country project” and celebrated that different banks in the world estimate Venezuela’s economic growth to be between 5% and 20% by 2022.

“It is not like before, when only oil production grew, and we also spent more than what was coming in, we imported everything and produced nothing, now it is a growth based on the real and productive economy, which is diversifying,” he concluded.

With information from Xinhua

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