They propose to legislate the participation of foreign state governments after the arrival of China State Grid to CGE | Economy

The Government will meet with deputies of the Economy commission, to analyze the participation of the Chinese state company State Grid in the national electricity distribution industry. Some parliamentarians propose to legislate, to demand the approval of Congress on the foreign state participation in strategic sectors.

In a secret session, the Chamber’s Economic Commission will meet with the Government on December 15, in order to analyze the operation with which the Chinese state company, State Grid, intends to acquire 96% of the electrical CGE, concentrating 50% of the national energy distribution.

At the same time, two deputies presented a reform that seeks to require a two-thirds approval of Congress for any state foreign investment project that intervenes in a national strategic sector.

This was explained by the socialist deputy Jaime Naranjo, who ruled out an attack against the Asian giant and clarified that it seeks to match market conditions.

Your fellow commissioner and deputy RN, Miguel Mellado, He ruled out that this regulation could discourage the arrival of capital, given that it specifically focuses on state-owned companies.

The National Economic Prosecutor’s Office He also announced that he will analyze this contract, and this was highlighted by the former manager of foreign trade of the Central Bank, Uri Wainer, who considers that either the FNE, Congress or an autonomous body, control of these operations is essential.

At the appointment of December 15, the simultaneous attendance of the Ministers of Economy, Interior, Defense and RREE is confirmed.