People's network, June 18 Jul message from Caracas, Venezuela-China trade 10 years up to 50 times, last year reached $ 8 billion. This is the Trade Minister, announced yesterday in the South.
Card is in the South the 3rd China-Venezuela industrial products exhibition. This exhibition of military Club in Caracas Venezuela Hall, to the end of June 20. Card said in 1999, Venezuela and China trade only 1.75 billion at the end of last year reached $ 8 billion. The two countries signed a trade agreement, 313 established China bilateral funds and has a $ 20 billion of new development Bank, which is mainly used in the encouraging the construction industry in Venezuela, the transfer of technology from China, while Chinese products purchased directly supplied to most residents in need. In Venezuela Bolivarian project has developed by satellite, in the construction of 2 million units of housing, building mobile phone factory, tinaco-anaco railway and the recovery of the River guarico, irrigation, etc. for the benefit for the people of Venezuela. The two Governments have been through the establishment of a new US $ 20 billion of funds, to increase trade between the two countries.
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