Opening of First-Round Funding between Russia and Venezuela   

From a renting to a productive economy MIBAM ENCOURAGES CHANGES IN VENEZUELA’S PRODUCTIVE MODEL   

In order to encourage investments in Venezuela, the Ministry of Basic Industries and Mining, MIBAM, will open the first round funding between Russia and Venezuela at the Convention Center of Gran Meliá Caracas Hotel on May 30 to May 31, 2005.

The mission of this Ministry Office is to promote alliances with strategic countries, allowing the consolidation of a new scheme of international relations, based on cooperation, solidarity, complementing and reciprocity principles.

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CANADA COMMERCE MISSION STUDIES INVESTMENT FEASIBILITY IN GUAYANA   

CVG´s president met with Rusal representatives. Within the presidential tour framework to Asia and Europe   

In order to consolidate the commerce relations between Venezuela and Canada, the president of the Venezuelan Corporation, Rafael Sánchez Márquez, welcomed the Ambassador of that country, Allan Culham, on Monday, with the purpose of analyzing new investment possibilities in the region .

With the presence of the President of the Bolivarian Republic of Venezuela , the meeting was to establish the increase of the Alumina Plant output to 1,400,000 tons, which will be located in Caicara del Orinoco surroundings.

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