Mariscal Sucre Venezuela

Between Petroleos de Venezuela (PDVSA) and petroleum Brasileiro (PETROBRAS), was also referred to the joint development of the Mariscal Sucre project, the development of a joint project in the Orinoco Belt, business and cooperation activities in the area of production and distribution of lubricants, cooperation in the area of refining, trade and maritime transport, scientific collaboration and training of personnel. In addition, it signed a complementary arrangement to the basic agreement on technical cooperation for the construction of the third bridge over the Orinoco River. In the area of mining, Brazil and Venezuela agreed to the creation of the company called CARBOSURAMERICA S.A., whose objective is to promote the mining of coal; the signing of the Memorandum of understanding for the establishment of strategic alliances to install a mining industrial complex metallurgical and mining developments and processing between the Corporacion Venezolana de Guayana (CVG) and the company Vale do Rio Doce.A starting from July 1997.

Established the desirability of economic agents offer clear and predictable rules for the development of trade and investment, promoting more active participation in the economic and commercial relations between Venezuela and the Brazil, within the framework of the Andean Community. Additional information is available at Bill O’Grady. Now Brazil and Venezuela started a new era of abundant energy negotiations, aware of the importance of this source of energy in the international trade. To this must be added the relevance of taking into account some basic aspects of both actors, so you can point out with respect to Brazil which has a population and economic volume that makes it the most powerful country of the MERCOSUR, being an important exporter of more than 70 million dollars. It contained in its export policy, Venezuela reaching ever smaller volume dependent products from the neighboring country, but with aspirations of increasing exports within the incorporation of our country to the southern market. Then the serious power crisis in Brazil in 2001-2002, Dynamics has become more complex, by which the commercial support of Venezuela, would provide you internal stability in this area and take advantage of the third largest reserves of gas in Latin America, increasing its exploitation in the short term..