May 12, 2005
Israel trusts Venezuelan economy

(ABN) - "Israel is interested in investing in Venezuela and consolidating bilateral relations because it considers Venezuelan economy to be stable, according to Israeli Ambassador in Venezuela Shlomo Cohen.

They said Israelis trust Venezuelan economy, because they find it stable and this is why Israeli investors are traveling to Venezuela in order to create joint projects (...)

He announced that by the end of 2005 a delegation of 40 businessmen would visit the country in order to finalize joint projects of economical cooperation (...)

Ambassador Cohen said relations between the two countries have been traditionally good and that this last year there was a 100% increase in Venezuelan exports to Israel".