The deals that were signed earlier today, particularly three with very large multinational corporations of Chevron, ENI and General Electric, will represent tens of billions of dollars of investment into the Venezuelan economy. That's direct investment investment. But The spillover impacts will be enormous in the electricity grid, in oil and gas production, and in the economy as a whole. The same as the beautiful Jones. I must say that my heart dropped with sorrow and fear on Wednesday evening of June 24, hearing the news of the tragic earthquake that struck the great country and fabulous people of Venezuela. (42:43–42:52)
CLAIM
Asserts that the impacts of direct investment will significantly affect the electricity grid, oil and gas production, and the economy.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.