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Panama may accept oil from Venezuela to solve debt

Monday, July 6, 2015

Panama could accept oil or natural gas from Venezuela as payment for the more than $1 billion in dollar debt owed to Panamanian companies, Vice President Isabel De Saint Malo de Alvarado said.

De Saint Malo said that what Venezuela owes should not even be termed "debt, but rather a lack of availability of foreign exchange”.

Source: Efe