Bi-national cooperation

Yesterday Venezuelan president Hugo Chavez attended new Uruguayan president Jose Mujica’s swearing in ceremony, where he congratulated Mujica, talked of Latin American unity and further Venezuela-Uruguayan cooperation, and accepted Mujica’s offer to mediate between Venezuela and Colombia.

Venezuelan and Chinese government officials and business leaders met in Caracas this week to discuss bilateral relations. As a result of the accords signed at the meeting, Venezuela will increase its supply of oil to China to more than 600,000 barrels per day next year, and China will increase its investments in Venezuelan agriculture, infrastructure, mining, and energy production.

Venezuela and Russia created a bi-national bank on Tuesday, further concretizing an alliance between the two countries that has taken form through accords in energy, military, agriculture, mining, infrastructure, and finance.

Venezuelan President Hugo Chávez and Argentine President Cristina Fernández de Kirchner met in Buenos Aires last Friday to increase the cooperation between the two countries in gas production, agricultural production, and regional finance.

In a private meeting on Tuesday, Presidents Hugo Chávez of Venezuela and Álvaro Uribe of Colombia signed accords for a bi-national investment fund and for joint exploitation of the Orinoco Oil Belt, and also promised to forge stronger, more peaceful relations.

Venezuelan President Hugo Chávez met with Chinese government and business leaders this week to concretize an economic and political alliance based on energy and agricultural production and the construction of a new balance of power in the world.

Venezuelan and Japanese officials met in Tokyo on Sunday and Monday to create mixed enterprises to exploit Venezuela's Orinoco Oil Belt. The officials also planned future economic collaboration in the areas of finance, infrastructure, agriculture, automobile production, and oil-based chemical products.