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Venezuela, Brazil Sign Agreements for Integration

Venezuela and Brazil have taken an important step in the binational integration with the singning in the state of Anzoategui, Venezuela, of 15 agreements in strategic areas, including energy, food, industry and telecommunications.

The new cooperation instruments were signed during the visit of Brazilian President Luiz Inácio Lula da Silva, the 7th quarterly meeting with his Venzuelan peer Hugo Chávez since 2007 to boost political and economic ties between both countries.

In a join communique distributed here, both parties show their satisfaction for the results of the meeting and said to be glad about the signing of the said mechanisms, mainly the integration of Venezuela into the construction of the Abreu e Lima oil refinery in Pernambuco, a giant that according to predictions will have a processing capacity of 200,000 barrel of crude daily by 2011.

Regarding the agro-food issue, Chávez und Lula set the building of a abattoir/ fridge in the Venezuelan state of Apure to process nearly 500 cattle a day.

Previously, both presidents visited a soja plantation in Anzoategui, where the technological transference of the neighboring nation will allow sowing around 741 thousand acres of the useful leguminous plant to improve milk and meat output.

Another promoted area was telecommunications, with the interconnection by fiber optics of points located in Bolivar and Boa Vista, as well as the Brazilian support to the adoption by Venezuela of a Digital TV Terrena system.

Health, education, sports, construction and infrastructure, tourism, border integration, and financing of social-economic projects were also benefited with the signing of these collaboration mechanisms.

At the end of the meeting, Chavez appreciated support received from Lula and Brazil, a country considered the first economic power in the region and the 8th of the planet.

Source: 

Prensa Latina

Date: 

31/10/2009