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Venezuela, China sign oil, mining agreements

Wednesday, December 23, 2009 11:02:04 PM by IANS ( Leave a comment )

Caracas, Dec 24 (IANS/EFE) Venezuela and China have signed several new accords, one of which calls for Caracas to sell 500,000 barrels of oil per day to the Asian country and another providing $1 billion in Chinese credit for Venezuelan mining projects.
The agreements were signed here at the end of a meeting of a high-level bilateral commission, in a ceremony presided over by Venezuelan President Hugo Chavez and the chairman of the National Development and Reform Commission, Zhang Ping.



More at : Venezuela, China sign oil, mining agreements http://www.thaindian.com/newsportal/business/venezuela-china-sign-oil-mining-agreements_100293959.html#ixzz0wvApeTu5

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