Venezuela chocolate king thrives despite controls

Published December 4, 2012 6:53pm ET



CANO RICO, Venezuela (AP) — Cacao pods ripen to colors from bright yellow to crimson in the forest-shaded plantations of Venezuela, where some of the world’s finest chocolate is born.

The crop is transformed into gourmet bars that sell briskly in Venezuela and are exported to the United States, Europe and Japan by the country’s premier chocolate maker, Chocolates El Rey, or The King. As the company has won success and international acclaim, though, it has also had to cope with difficulties brought on by President Hugo Chavez’s socialist government.

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