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Venezuela


Venezuela summit looks at ALBA
The Bolivarian Alternative for the Peoples of Our America (ALBA) is centering the closing day of the Seventh Social Summit for the Latin American and Caribbean Union.
Venezuela to renegotiate Dutch investment treaty
Venezuela plans to renegotiate a bilateral investment treaty with the Netherlands because oil companies have started "abusing" the agreement, Energy Minister Rafael Ramirez said on Wednesday.
Experts: Exxon case has to be addressed in the ICSID
While it is a US company, Exxon Mobil is entitled to invoke protection under the Netherlands-Venezuela Investment Promotion and Protection Convention, which guarantees resolution of Exxon Mobil’s dispute with Venezuela in the International Center for Settlement of Investment Disputes (ICSID).
Paraguay backs Venezuela’s bid for full membership of Mercosur
Paraguay supports Venezuela’s bid for full membership of the Common Market of the South (Mercosur), visiting Paraguayan Foreign Minister Ruben Ramirez said here Tuesday.
Venezuela will help Mercosur become continental block
Mercosur with Venezuela included has “the potential of becoming a trade block of the whole of South America” said Brazilian Foreign Affairs minister Ceslo Amorim who also insisted that keeping out of the Washington inspired Free Trade Area of the Americas, FTAA, “has been positive”.
Venezuela: Gov’t celebrates British ruling against Exxon
Venezuela celebrated, as a triumph for countries of the developing South, Tuesday’s ruling in its favour by a British court in a legal dispute with US oil giant Exxon Mobil, which overturned an earlier court order to freeze around 12 billion dollars in Venezuelan assets.
Bush urges Congress to pass Colombia trade pact
President George W. Bush urged U.S. lawmakers on Tuesday to put aside differences over a free trade agreement with Colombia and approve the pact to show support for a strong U.S. ally at the center of a crisis in Latin America.
Bush wields Colombia trade deal to halt Venezuela
Bush is now presenting the FTA to Congress as the main US policy tool to halt the influence of Venezuelan President Hugo Chavez
Venezuela OK’d for MERCOSUR
The Commission of the Constitution and Justice (CCJ) of the Brazilian Chamber of Deputies approved the entrance of Venezuela to the Common Market of the South (MERCOSUR).
Brazilian signal for Venezuela’s Mercosur membership
The Brazilian Lower House Constitution and Justice Committee passed on Wednesday a motion for the long awaited incorporation of Venezuela to the South American trade block, Mercosur. However Venezuelan membership still faces a full debate in the House and must convince the Brazilian Senate.
Using Chávez as counterpoint, Bush pursues Latin trade pacts
The Bush administration has enlisted an unlikely ally in its international trade agenda: Hugo Chávez, the leftist president of Venezuela, who makes a practice of denouncing United States’ influence in Latin America.
Cuba, Venezuela strengthen economic ties
Cuba and Venezuela signed a raft of economic accords on Monday aimed at furthering cooperation under the Bolivian Alternative for the Americas (ALBA), including plans for nickel and oil development and a billion-dollar petrochemical complex in Cuba.
Venezuela mulls return to CAN
President Hugo Chavez said Sunday that Venezuela may return to the Andean Community, or CAN, because leftist leaders in Bolivia and Ecuador who have resisted free trade deals with the United States could help to transform the regional trade bloc.
Negroponte fears that Chávez would win if FTA fails at US Congress
US Deputy Secretary of State John Negroponte warned Tuesday that Venezuelan President Hugo Chávez would win and Latin American democracies would lose if the US Congress does not pass the Free Trade Agreements with Peru, Panama and "especially with Colombia."
Vying for leadership, Lula heads north, Chávez south
Political and economic alliances with a view to strengthening Latin American integration are subtly shifting with a growing distance between Chávez and Lula
Mercosur-Venezuela: Integration - Easier said than done
Above and beyond the political rhetoric in favour of South American integration, Mercosur and Venezuela have not eliminated their mutual suspicions, which are delaying Venezuela’s admission to the trade bloc as the fifth full member
Canada can help counter Chavez’s mischief
As Prime Minister Stephen Harper departs upon his first official visit to Latin America this weekend, he will likely make a better impression than did Pierre Trudeau on his own visit to South America.
Iran to join Cuban-Venezuelan trade agreement
Iran plans to join a Latin American initiative designed to counter US-led efforts for free trade in the region, the official Web site of Iran’s president office reported on Sunday.
Benefits of the Bolivarian Alternative for the Americas (ALBA)
International Relations Commission members of the Cuban parliament received an update Monday on the progress of the agreements being implemented under the Bolivarian Alternative for the Americas (ALBA), which promotes social development, solidarity and mutually beneficial trade.
Unapologetic Venezuela urges Brazil, Paraguay to approve entry into Mercosur
Brazil wants a "goodwill gesture" from Venezuela before its Congress votes it into the Mercosur trade bloc, but President Hugo Chavez’s government indicated Thursday it won’t be extending an olive branch any time soon.