6/07/2011

Brazil, Venezuela, stressed that regional integration

President of Brazil Dilma Rousseff and her rival Venezuela, Hugo Chavez on Monday, stressing their common determination to continue in the Latin American regional integration.

"We must strengthen the area as a zone of peace. We do not want bombing and coups. We do not want external factors, our unity and integration," Chavez said in his first official meeting with the Rousseff unexpectedly suspended Chavez is scheduled to visit in early May with a knee injury.

Rousseff said the two countries have common interests, into a peace and economic growth, respect for human rights and social welfare in Latin America.

She said that Chavez's visit reflects the high esteem of the strategic alliance between the two countries.

During Chavez's visit, the two countries signed a bio-technology, petroleum, energy, agriculture, infrastructure, etc., 10 cooperation agreements.

These agreements include a number of financing transactions to be between the state oil company PDVSA and Brazil Venezuela Social Development Bank signed.

Venezuela's state oil company also signed a commitment with Brazil's Petrobras é defined Abreu Lima refinery, one under construction in the Brazilian state of Pernambuco, the funding system of cooperation projects in the letter.

Brazil's Odebrecht Construction is recognized by 40 billion investment to finance a residential area of ​​Venezuela.

In 2010, trade between Brazil and Venezuela, to reach 4.6 billion, mainly for Brazil exported 3.8 billion worth of products last year, favorable to Venezuela.

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