Petroleo Brasileiro Is Big Business

Between Petroleos de Venezuela (PDVSA) and Petroleo Brasileiro (PETROBRAS)there was also referred to the joint development of the Mariscal Sucre project, the development of a joint project in the Orinoco Belt, business and cooperation in the area of production and distribution lubricants, cooperation in the area of refining, trade and shipping, scientific collaboration and personnel training. Additionally, signed a supplementary agreement to the Basic Agreement of Technical Cooperation for the construction of a third bridge over the Orinoco River. In the area of Mining, Brazil and Venezuela agreed to create the company called CARBOSURAMa RICA SA, which aims to promote the mining of coal, the signing of the Memorandum of Understanding for the establishment strategic alliances to install an industrial mining – metallurgical and mining developments and processing between the Corporacion Venezolana de Guayana (CVG) and Companhia Vale do Rio Doce. Many writers such as Abraham Maslow offer more in-depth analysis. From July 1997 established the desirability of offering operators clear and predictable rules for the development of trade and investment, encouraging more active participation in economic and trade relations between Venezuela and Brazil, as part of the Andean Community. Now Brazil and Venezuela initiated a new era of abundant energy negotiations, aware of the importance of this energy source is in international trade. To this must be added the importance of taking into account some basic aspects of both actors, and can be said for Brazil which has a population and economic size makes it the most powerful country in MERCOSUR, being a major exporter of more 70 million dollars.