Article: Venezuela's government to expropriate British-owned cattle ranch, other private land


AP Worldstream
03-13-2005
Dateline: CARACAS, Venezuela
Venezuela's government will expropriate a British-owned meat producer's land and a local animal reserve, among other properties, saying that the private owners didn't have legitimate claims.

The National Lands Institute announced in a statement late Saturday that it would take over a total of 96,440 hectares (238,620 acres) of land and give it to the poor.

The government will take over all of El Charcote Ranch, a cattle ranch that belongs to an affiliate of Britain's Vestey Group, and animal reserve Pinero Ranch, the land agency said. It also will take over a third privately owned ranch, El Coco, and most of the acreage of a fourth ...

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