Venezuela
To Step Up Economic Cooperation
With Brazil
Caracas - Venezuela is
considering stepping up its economic
cooperation and trade with Brazil,
Venezuelan Foreign Minister Nicolas Maduro
announced on Thursday.
Maduro said at an opening session of a
conference for Brazilian entrepreneurs that
Venezuela offered many opportunities for
trade and investment. A delegation of 80
Brazilian businessmen was in Caracas for
business negotiations on Thursday.
On the same day, Venezuelan Trade Minister
Eduardo Saman told Reuters that Venezuela
was considering replacing the import worth
of 7 billion U.S. dollars from neighboring
Colombia with alternatives bought from
countries such as Brazil or Argentina.
Venezuela is at odds with Colombia over the
allegation that Venezuela is supporting
Colombian guerilla fighters. Colombia's
recent agreement with the United States to
allow U.S. military to have more access to
Colombian military bases is also a sensitive
issue between the two countries.
"If Colombia does not rectify itself
regarding the military bases, within one
year we could replace pretty much all the
trade," Saman warned.
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