The US company says it is being forced to take the action
because it has run out of the raw material.
Venezuela's
economy is teetering on the edge of collapse with widespread food shortages and
inflation forecast to surpass 700%.
Last month,
Venezuela's largest food and drinks company, Empresas Polar, stopped
production of beer because it was unable to obtain enough imported barley.
Coca-Cola said sugar-free drinks would be unaffected.
The move comes
after a week of violent clashes between security forces and supporters of the
opposition to President Nicolas Maduro.
Last week Mr Maduro imposed a 60-day state of emergency giving
extra powers to police and soldiers.
But analysts say
that for many Venezuelans, the state of emergency is irrelevant as their daily
life now involves spending hours waiting to buy scarce food and basic goods.
The situation in
the country has got progressively worse. Last year the US designated Venezuela
a danger to its national security.
On Friday, in
response to the unrest, the
President launched what he billed as the country's biggest-ever military
exercises.
Two days of
drills included fly pasts by Russian-made Sukhoi Su-30MK2 strike jets and state
TV showed tanks and troops on manoeuvres.
The
drill, codenamed "Independence 2016", involves 520,000 soldiers
and military personnel and is thought to be aimed at the United States, which
Mr Maduro blames for most of his country's problems.
There have been
some reports of looting in Venezuela in recent weeks.
Foreign
mediators have been in Caracas trying to arrange discussions between the
government and the opposition to ease the political strife.
The Obama
administration and governments in Latin America are backing moves by former
Spanish prime minister Jose Luis Rodriguez Zapatero to defuse the
increasingly tense standoff.
