Venezuela and Argentina sign 24 agreements in the oil-food industries
Venezuela and Argentina signed three institutional agreements and 24 among corporations during the two-day First Meeting for the Venezuela-Argentina Petro-industrial development with the purpose of intensifying trade, investment and cooperation between the two countries.
“We have signed 24 productive work agreements among the corporations attending the meeting”, said Venezuela’ Foreign minister Nicolas Maduro, adding that the two-day event was part of the “standing plan to develop bilateral relations”.
Maduro said the agreements are in the framework of Mercosur, to which Venezuela was admitted as a full member last July 31. Both countries are further ‘accelerating’ the union and diversification of their economies and cooperation in fields such as energy, technology, as well as “the foundations for many years of joint building”.
The Argentine delegation of eighty mid sized companies together with the umbrella of YPF was headed by Minister of Industry Debora Giorgi and Federal Planning minister Julio De Vido.
Rafael Ramirez Carreño minister of energy and president of Venezuela oil giant PDVSA said that the agreements are historic, since “they point south and this is going to further introduce Venezuela in Mercosur”.
Ramírez mentioned three agreements at ministerial level, one of them framework for the ongoing cooperation, and the other two: a trust-ship between the two countries and a third for training staff.
The trust ship will be funded with the sale of fuel and diesel to Argentina which once subtracted costs and transport the remaining can be used to finance the acquisition of machinery and equipment.
“We are making a great bet on agriculture with the trust ship; our plan is to complement our energy capacity with the food production capacity of Argentina, thus helping Venezuela work towards its food sovereignty”, said Ramirez
In the private sector, there are “working alliances” in such areas as tubes and valves for the oil industry plus other inputs in chemicals.
Ramirez said that Venezuela’s objective is not simple energy buy and sell operations, but rather the creation of companies in the country to develop infrastructure with the private sector so as to create industries, adapt technology and capitalize factories so that “we can a steady supply of the products we need to develop the shale deposits in the Orinoco basin”.
Suggested Stories
-
May 23rd 2013
Cristina Fernandez administration limits overseas dollar extractions to a minimum
-
May 20th 2013
Brazil trapped by Argentina and Venezuela economic mismanagements
-
May 17th 2013
Argentina’s ‘autarkic project’ worsens bilateral relations and multiplies problems
-
May 17th 2013
Argentine whitewash bill turning into ugly electoral debate
23 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
Venezuela gains its 'Food Sovereignty' by buying its food from Argentina.
Most peoples achieve 'Food Sovereignty' by growing it themselves rather than importing it.
But I guess, like Humpty Dumpty, 'words mean whatever I want them to mean, nothing more and nothing less'.
And Chavez does look like Humpty-Dumpy, so you can trace the origin quite well.
Hopefully, he will fall off the wall in the next few months. :o)
I though the nationalisation of YPF was meant to lower the fuel import bill? Wasnt that that we were told? As usual it was all lies to enable CFK to do back room deals in order to sell the nation out to politcal idealists and get rich in the process. How else can the president of a nation become 800% richer since her husband and she came to power? I doubt the salary increase was that high. While this sociaptahic, narcasistic women sells out her own nation to line her and her cronies pockets the poor suffer just like they always did, the press are restricted in their speach in the same way as they always have been and the tax payers protests are ignored, just like they always have. After 14 years of Kirchniite rule in Argentina, where is the icreased democracy? Where is the increased economy? Where is the increase world politcal standing? The answer is no where, Argentina is no more devloped now that it was 14 years ago before the Kirchniite monarchy took control of the nation and started is misison to restrict freedom of speach and civil liberties. She is now selling her country to a known human rights abuser in order to further cement her politcal position as self elected queen of the nation. Ayn Rand said in her book the Fountainhead ”“Don’t fool yourself, my dear. You’re much worse than a bitch. You’re a saint. Which shows why saints are dangerous and undesirable.” And I am sure we can all see that CFk does see herself and her husband as having being the saviour saints of the nation.
www.buenosairesherald.com/article/111790/fogl-makes-malvinas-gas-discovery
Funny how the BH refers to it as a 'province' - one assumes of Argentina.
You are Darn Right! Keep it coming Venezuela.
please do not forget that Argentina is the World's top protectionist country and has more trade disputes running than any other country when you are considering doing trade with them.
So if you are going to trade or have diplomatic links with that country do have an agreement in place like the '1850 Convention of Settlement'. It does make life easier.
Hey ...my comments bothers you?....don't you have nothing else to do?
Conqueror is Captain Poppy/ Zhivago is Craig R and Simon68,
Isolde is Yensere and Skare...
Oh please, I laughed so hard that a little bit of wee came out!!!!
That's 24 more sheets of toilet paper that Laughing Boy Timmermann will be wiping his a*se on isn't it......?
Now let's see how fast Argentina can ignore/break these agreements....
This is Argentina's 'last chance saloon'.
There will be no *overt* reneging on these deals. But they will be modified at the margins as circumstances demand.
If Chavez dies, or loses the presidential election, its a new ball-game.
You always brighten my day with your unique sense of humour.
Sep 19th, 2012 - 07:00 pm
Between 1976 and 1983 the government of Argentina tortured and killed an estimated 30.000 of her own citizens, between 1973 and 1979 the ERP/Montoneros killed an estimated 450 Argentine citizens.
This was in a war, called the “Dirty War”, you were probably too young to remember it, but some of us still do. Nunca Más!!!!!
The Economist “Argentina Cooking Books”.
The USA goverment killed 35,000 military men and thousands of
Vietnam citizens during 1963 and 1975 and accepted the fact their
role in South Vietnam was the biggest lost of an unnecesary war.
Similar to the Vietnam war, the majority of USA citizens realize now
the Iraq invasion on 4/13/2003 is the biggest mistake done by the USA
military at a cost of aproximately ONE trillon dollars.
The USA goverment under Bush Administration tortured hundred of iraqui
men. Is unknown how many innocent iraqui civilians died during the 9 years
Iraqui war. As of today, Iraq has less electricity and water services than
during Hussein goverment.
The killing of the US ambassador on 9/11/12 clearly states the USA
goverment is incompetent in the Middles East.
Presently, they are 12 USA embassies under attack. Congress is questioning
Sec.of State Hillary Clinton work performance.
USA Goverment,please listen: N u n c a M a s !
People wants : P e a c e !
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!