Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> World
UPDATED: 14:38, January 30, 2006
Peruvian presidential candidate says would nationalize multinational's assets
font size    

Ollanta Humala, a front-runner in the Peruvian presidential elections, told Sunday's Spanish press he will nationalize the Peruvian assets of multinationals, to which end it will be necessary to change the country's "neo-liberal" constitution.

The candidate for the Peruvian Union told Spanish daily "El Mundo" that he wants his country to "break the neo-colonial character and become a free and sovereign state, thanks to a nationalist plan."

This would entail the nationalization of multinational assets in Peru, but it would not be a state seizure, he explained.

"We have to negotiate this with the companies, so that they will continue investing. The state still has to safeguard their investments, so that they will keep bringing up-to-date technology."

The change would be achieved by changing the current constitution that he described as "neoliberal" and "a license for international capital to abuse Peru, which prejudices the sovereignty of the people."

Peruvians are due to elect a new president on April 9. Opinion polls say that among the candidates, no one has the 50 percent plus one vote support level needed to win the presidency in the first round of voting.

In a poll published Thursday by the Peruvian Research Company, Lourdes Flores, leader of the right-wing National Unity Party, leads the voting intentions with 28.8 percent of the vote. Humala was in second place with 18.8 percent.

Humala describes himself as a revolutionary, but he told El Mundo: "I am not a dangerous man. I am a family man that doesn't trust neo-liberalism, nor president Alejandro Toledo, nor economy minister Pedro Pablo Kuczynski, who is a United States citizen."

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved