Foreign Policies

Venezuela despite objections that the Congress of Paraguay and Brazil have in their formal incorporation of their entry into MERCOSUR, sooner or later be resolved, because the countries that comprise it, know what that power represents Venezuela in the oil and energy has, as its main guarantee that these countries need to ensure operability in their companies, in their production, their services. No wonder people say that for the countries of MERCOSUR, "poaching" Venezuela is a good deal, primarily to Brazil and Argentina. According to the SICEX (ALADI), the first sold in 2008 to our country, 5.1472 million dollars (in 1998 were only 704 and in 2003, 604 million), and the second, obtained by means of bond issues, likewise. Add to your understanding with Hyundai. These are reasons enough for sooner or later, Brazil, Paraguay and more ago, to agree to Venezuela, is in the best interests of those countries. It is well known that the MERCOSUR countries have taken advantage of the relationship with Venezuela as a negative trade balance with all countries except Paraguay. In 2008, Venezuela has made purchases for 5.683 million dollars, while only sold 740.

In the period 1999-2008, imports from Venezuela in the MERCOSUR countries amounted to U.S. $ 23.654 million, exports to 8560. The trade deficit is 15 095 millones.Adicionalmente, and carrying out the foreign policy of alliances in the period 2005-2009, the Venezuelan government has announced spending, investments or aid in the MERCOSUR countries or companies for the amount of 48 980 million dollars. Case, the government has yielded to Brazilian companies almost the entire market for large civil engineering.