January 29, 2004
China and Venezuela reach an agreement to reactivate the national rail service
(Ministry of Foreign Affairs) - "The governments of the Bolivarian Republic of Venezuela and the Popular Republic of China, subscribed the complementary agreement of a Technical and Economic Cooperation Treaty for the reactivation of the Venezuelan rail service.

The document was introduced by the Minister of Foreign Affairs, Roy Chaderton Matos, on behalf of the Venezuelan government and by the Ambassador of China in Caracas, Ju Yijie, on behalf of the Chinese government.

Representatives of the Ministry of Foreign Affairs of the Embassy of China and the Autonomous Rail Institute successfully completed the negotiations on the Complementary Agreement of the Bilateral Cooperation Treaty for the reactivation of the Venezuelan rail service.

Authorities from both parties agreed that this is one of the most important economical cooperation projects between China and Venezuela.

The Chinese government will be involved in the reactivation of the railways, including repairing, maintenance and modernisation during the following two years. The National Rail System is planned to be a network of approximately 4.000 km to be developed in 20 years and it is conformed by a system that will respond to economical and social needs".