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The smuggling of spare parts, cigarettes and liquor hits Venezuela's national production hard

Furthermore, Polesel explained that in the case of the cigarettes and liquor sector, illegal products in the market have caused them to stop generating income by 72%, while the spare parts sector has lost 40%.

Venezuelan businessmen make their way into ABC islands after the drop in consumption in the country

Vice President of Fedecámaras: Tax on Financial Transactions hinders investments in Venezuela

Merchants in Táchira sell or rent their premises in the face of economic contraction in the region

The high costs of municipal taxes and the increase in prices of public services in the midst of falling sales due to the low purchasing power of the majority of the people in Táchira State, have forced many merchants to lower their "santamarias" (close down, liquidate).