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Venezuela

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Currently the Venezuelan Government is reviewing commercial relations with Colombia, this requires an in-depth analysis on which would be the alternative options of for that country, what many could indicate that Brazil would be your best ally. Brazil as an emerging market has an impact offering more opportunities than Colombia but also this is a country with emerging market characteristics, however technologically beneficiary Brazil even more to Venezuela. The India is a country considered as emerging market that has many energy needs, in this case an approach with that country, giving Venezuela a world of opportunities for the above-mentioned developed as market emerging, and because not enter in the BRIC? Because Venezuela has doubled its exports of crude oil to the Republic of India in the last two years, reflecting a growth above 100%, reported so this Tuesday 21/07/2009 the Ambassador of India in Venezuela, Yashvardhan Kumar Sinha. During the regional meeting of analysis of economic relations between Latin America, the Caribbean and the Republic of the India, organized by the Latin American economic system and of the Caribbean (SELA), the Ambassador of India stressed that economic and trade relations between his country and Venezuela, dramatically improved since President Hugo Chavez visited India in March 2005. Kumar Sinha remarked that since the visit of President Chavez, India imported more than 2 billion dollars in Venezuelan oil. In that regard, he stressed that expects the figure for imports of Venezuelan crude oil increase so that in this way, relations continue to strengthen and increase. Venezuela with that energy strength which possesses, makes to emerging countries like India seen as a potential energy partner capable of performing exchange in other airlines. A example of this is that the India has a very high technological development of their systems of networks of communication and computing that can contribute much to Venezuela and above all the SMEs in the sector of systems industrial park. The foregoing is exclusive product from the role of Venezuela in the implementation of the policies of foreign trade which has carried out Chavez and must be seen as more objective as possible because the intention is the generate greater exchanges and enhance national strengths and opportunities. Manifest weaknesses, opportunities, strengths and threats from Venezuela and its relationship with India on the basis of international trade, however, grounds for other notes written Chair in international trade, Aula Virtual postgraduate of Faces Ucmaestrria in administration, markets mention (Carlos Mora V) original author and source of the article.

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