Bolivia and Venezuela to Form Six Joint Companies for Energy and Food Security
By James Suggett
Venezuela Analysis
Sunday, May 2, 2010
During Bolivian President Evo Morales’s first official visit to Venezuelan President Hugo Chavez’s home state of Barinas on Thursday, the two socialist allies agreed to continue increasing bi-national cooperation in the areas of food and energy production.
The presidents signed accords that will lead to the creation of six joint companies to increase exploration for natural gas, oil refining and exploitation, and the production of food, particularly potato and corn.
Venezuela also agreed to export asphalt to Bolivia in exchange for soybean oil, and to construct a petrochemical plant for the production of Urea, an agricultural fertilizer, in Bolivia.
Venezuela’s state oil company, PDVSA, already began exploring for gas and oil in Bolivia and exporting 300,000 barrels of oil per day to its South American neighbor as part of a 2007 energy accord.
The official visit took place in Chavez’s home state of Barinas, in which the Andean Mountains descend into the Caribbean country’s vast, hot, fertile plains.(SNIP)
Thursday’s official meeting in Venezuela was part of the two countries’ agreement to meet three times per year to strengthen bi-national ties and defend their governments’ socialist projects from attacks by the United States and its allies in Latin America’s wealthy elite class.
Chavez also holds meetings every three or four months with the presidents of Argentina, Brazil, Cuba, Ecuador, and Nicaragua, among others, in order to strengthen regional integration.(MORE)
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The snipped part of the article is rich with the ambience of the leftist democracy movement that has occurred in these and other Latin American countries, as Morales and Chavez visit Chavez's home town, discuss the history of Venezuela's rebellion against U.S.-imposed "neo-liberalism" and open a school for the disabled. It makes refreshing reading for anyone sick unto death of our own, corporate-serving politicians and the "spun" reportage in our corpo-fascist press. But I wanted to highlight the economic aspects of this article--the economic cooperation between Bolivia and Venezuela, and the trend of integration in the region. While our own government "cooperates" by funding militarism, war profiteering and "free trade for the rich" in Colombia, Honduras and other countries, we need to be aware that there is another way, and that it is being fervently pursued by leaders who opposed U.S. bullying and militarism. It's called PEACE.