Latin America
In reply to the discussion: Maduro calls Venezuela opposition "heirs of Hitler" [View all]Judi Lynn
(164,047 posts)Mexico and Venezuela renew San Jose Accord
Aug 03, 2004 02:00 AM
Mexico and Venezuela renewed the San Jose Accord whereby the two oil producing nations supply a total of 160,000 bpd of crude to 11 Central American and Caribbean nations at discount prices.
The document was signed simultaneously in Mexico and Venezuela by Presidents Vicente Fox and Hugo Chavez, according to a joint communique.
The San Jose Accord came into existence on Aug. 3, 1980, and it has never been suspended. The countries that benefit from the special crude prices are Barbados, Belize, Costa Rica, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Nicaragua, Panama and the Dominican Republic, the communique noted. The pact also establishes "a cooperation mechanism to promote the economic and social development of the beneficiary nations."
The cooperation accord finances social-economic development projects in the participating nations, as well as trade of goods and services by Mexican and Venezuelan firms.
Mexico and Venezuela each provide half of the total 160,000 bpd of the crude sold at discount prices.
http://www.gasandoil.com/news/ms_america/ea01e3458a946efa00efd8fbb79b33c0
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As Mexico refused to fold Cuba into the ongoing (since 1980) San Jose Accord, Venezuela arranged a new accord with Cuba in 2000. It was rewritten in 2007 to allow Rafael Castro's name to be officially involved with the arrangement.
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Cuba, Venezuela sign over 100 cooperation agreements
English.news.cn 2010-07-27 10:26:34
HAVANA, July 26 (Xinhua) -- Cuba and Venezuela signed 139 bilateral cooperation agreements on Monday in northeastern Cuba.
The agreements were signed during a meeting between Cuban leader Raul Castro and Venezuelan Vice President Rafael Ramirez in Cayo Santa Maria, 350 km east of the Cuban capital of Havana, the official news channel NNTV said.
The cooperation projects, which focus on food, energy, mining, healthcare and light industries, will be launched immediately.
Trade between Venezuela and Cuba reached 3.138 million U.S. dollars in 2009, according to Cuban figures. Caracas supplies Havana with 100,000 barrels of oil daily, while receiving services from about 30,000 Cuban doctors and specialists in other branches.
More:
http://news.xinhuanet.com/english2010/world/2010-07/27/c_13416895.htm
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For the hard of grasping, this kind of arrangement has been in place, FROM VENEZUELA to smaller nations since 1980, WITHOUT CHAVEZ, and no one took his precious time to try to get propaganda material from the situation by wailing it causes Venezuela to seem as though a "banana republic."