The National Assembly unanimously approved this Thursday the second discussion of the draft Law on Special Economic Zones.
"It is approved by a clear qualified majority, and consequently, the Organic Law on Special Economic Zones is declared sanctioned and immediately referred to the Constitutional Chamber of the Supreme Court of Justice, in accordance with the provisions of Article 203 of the Constitution of the Republic, for analysis, to be sent to the Executive Branch, and then issued by the National Executive Branch," said the president of the National Assembly, Jorge Rodríguez.
Following the unanimous approval, Rodríguez emphasized: "Sooner rather than later, we will begin to see what this means in a process of Bolivarian socialism, like the one we are all building together. We will see the establishment of Special Economic Zones. Thank you, deputies," he emphasized.
The Organic Law of Special Economic Zones (LOZEE) aims to regulate the creation, organization, operation and administration of these zones, their development areas, production chains, development projects, economic incentives, project approval institutions, control body and coordination, economic benefits, monitoring and evaluation, indicates a note from the National Assembly.
For his part, the president of the Permanent Commission of Economy, Finance and National Development, deputy Jesús Faría, stressed that this law seeks to preserve the independence of the Republic and is fully in tune with the economic development of the nation.
He also said that the norm was widely debated by all sectors of the country, including the working class.
This bill was approved in its second discussion, after being exposed by the president of the Permanent Commission of Economy, Finance and Development, Nicolás Maduro Guerra, who explained that the objective of this project is to innovate in the country's economic activity and promote direct investment to contribute to the recovery process .
After its approval, the project will now be sent to the TSJ to then send it to the National Executive, where it will be evaluated for a period of no more than 180 days, for its absolute approval.
Definition of states
The deputy, Nicolás Maduro Guerra, assured that it is still necessary to define which areas will be agreed upon in the states.
"There are many successful experiences in various countries around the world—China, Germany, and Finland are some of them—and they have been key to the productive development of their countries," he said.
He noted that this approval is expected to be the backbone of the drive for economic development, since this will generate confidence in national and international investors.
Very well DEPRESSED COMRADES, you are capable of saving THE REPUBLIC, thank you very much, and we will help and support you in everything.