October 6, 2004
Lula will travel to Venezuela in November for a business round
(El Nacional) - "The Brazilian President Luiz Inácio Lula Da Silva will travel to Venezuela participate in a business round that will take place between November 21st and 23rd in Margarita Island, with representatives of business sectors from both countries, as announced by Venezuelan Bancoex (Banco de Comercio Exterior).

After the business round, which Lula will head together with his Venezuelan counterpart Hugo Chávez, an increase is forecasted in the commercial exchange: from $2bn in 2004 to $2,5bn in 2005, as calculated by Victor Álvarez, president of Bancoex.

Last July, Argentinean President Néstor Kirchner and President Chávez headed a similar business round with participants from both countries in Margarita Island (…)

500 firms have already enrolled to participate in the conference, 175 exporters and 75 importers from both countries, but there is still time for others to register, the bank informed.

Álvarez explained that it is all about "boosting the complementary economies of Venezuela and Brazil".

In the same way, the effort is oriented "to stimulating strategic partnerships in tourism, as well as closing deals with the advantage of trade agreements", Álvarez added (…)".



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