Money mafias operating in Venezuela will be "neutralized" when the nation implements monetary conversion as part of the government's Economic Recovery Plan, Foreign Minister Jorge Arreaza has announced.

Venezuelan President Nicolas Maduro stated Monday in a press conference that the country will begin a new economic system of wages and prices rooted in Petro currency.

BOLIVARIAN REPUBLIC OF VENEZUELA
MINISTRY OF PEOPLE'S POWER
FOR FOREIGN RELATIONS

COMMUNIQUE

Venezuela has undergone many challenges in the last 20 years since Hugo Chavez was elected president and continued after his death in 2013. The main reason is that Venezuela has taken seriously the internationally recognized right to be sovereign and establish its own social model. Violence has never been part of the model. However, violence has been the reaction of those who do not want to change the status quo despite the people's majority democratic electoral choice.