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Brazil and Venezuela consolidate alliances with the signing of agreements

Brazil and Venezuela consolidate alliances with the signing of agreements
Photo: @NicolasMaduro

May 31 |

The presidents of Venezuela, Nicolás Maduro, and Brazil, Luiz Inácio Lula da Silva, witnessed on Tuesday the signing of several agreements to strengthen bilateral cooperation in the diplomatic and agri-food fields, official sources reported.

In a ceremony held at the Itamaraty Palace, Brasilia, capital of Brazil, where the presidents participated in a meeting of South American presidents, the Memorandum of Understanding on agri-food matters was signed.

The text was signed by the Venezuelan Minister of Productive Agriculture and Lands, Wilmar Castro Soteldo, and the Brazilian Foreign Minister Mauro Vieira, according to the Venezuelan Ministry of Communication and Information in a press release.

This memorandum is aimed at “exploring opportunities and deepening exchanges in the areas of agriculture, livestock, sovereignty and food and nutritional security”, the press release added.

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Likewise, Foreign Minister Vieira signed with his Venezuelan counterpart, Yvan Gil, the Memorandum of Understanding for the Establishment of the Supervision and Follow-up Mechanism of the Brazil-Venezuela Bilateral Cooperation Program.

This agreement seeks to promote South-South technical cooperation based on the exchange of knowledge and experiences to face similar socio-economic development challenges.

The communiqué specified that with these alliances, Caracas and Brasilia reaffirm cooperation and the intention to deepen economic and commercial exchange, which reached US$6,000,000,000 in 2013.

Venezuela and Colombia create a Neighborhood Commission
During the same day, Foreign Minister Gil and his Colombian counterpart, Álvaro Leyva, signed the Agreement for the Creation of the Neighborhood and Integration Commission, a ceremony attended by Venezuelan President Nicolás Maduro and Colombian President Gustavo Petro.

The new commission will focus on promoting and coordinating cooperation in common border areas, as well as business and productive complementarity.

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The leaders underlined the existing commitment to consolidate diplomatic relations, which were reestablished last August, with the beginning of Petro’s mandate.

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International

Japan reopens Kashiwazaki-Kariwa Plant despite public concerns

La centrale nucléaire japonaise de Kashiwazaki-Kariwa, la plus grande au monde, a repris ses activités mercredi pour la première fois depuis la catastrophe de Fukushima en 2011, malgré les inquiétudes persistantes d’une partie de la population.

La remise en service a eu lieu à 19h02 heure locale (10h02 GMT), a indiqué à l’AFP Tatsuya Matoba, porte-parole de la compagnie Tokyo Electric Power (Tepco).

Le gouverneur de la préfecture de Niigata, où se situe la centrale, avait donné son feu vert à la reprise le mois dernier, en dépit d’une opinion publique divisée. Selon une enquête menée en septembre par la préfecture elle-même, 60 % des habitants se déclaraient opposés au redémarrage, contre 37 % favorables.

Mardi, plusieurs dizaines de manifestants ont bravé le froid et la neige pour protester près de l’entrée du site, sur les rives de la mer du Japon.

« L’électricité de Tokyo est produite à Kashiwazaki. Pourquoi seuls les habitants d’ici devraient-ils être exposés au danger ? Cela n’a aucun sens », a déclaré à l’AFP Yumiko Abe, une riveraine de 73 ans.

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La centrale de Kashiwazaki-Kariwa avait été mise à l’arrêt lorsque le Japon a fermé l’ensemble de ses réacteurs nucléaires à la suite du triple désastre de mars 2011 — un séisme, un tsunami et un accident nucléaire — survenu à Fukushima.

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International

Markets rise as Trump halts Europe tariffs and floats Greenland agreement framework

U.S. President Donald Trump on Wednesday lifted his threat to impose new tariffs on several European countries and said he had outlined the framework of a future agreement on Greenland during a meeting in Davos with NATO Secretary General Mark Rutte.

“Based on this understanding, I will not impose the tariffs that were scheduled to take effect on February 1,” Trump wrote on his social media platform Truth Social, without providing details about the proposed “framework.”

The announcement boosted financial markets. Wall Street, which had been trading slightly higher, extended its gains following Trump’s message, while the U.S. dollar strengthened against the euro.

Trump has repeatedly insisted that Greenland, rich in mineral resources, is ‘vital’ to the security of the United States and NATO, particularly as Arctic ice melts and global powers compete for strategic advantage in the region amid rising tensions with China and Russia.

Last week, the U.S. president threatened to impose tariffs of up to 25% on eight European countries for supporting Denmark and sending a military exploratory mission to Greenland. All of the targeted countries are NATO members, including the United Kingdom, Germany, and France, Europe’s largest economies.

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Trump said on Wednesday that additional discussions are underway regarding the “Golden Dome” missile defense system, specifically in connection with Greenland.

He assigned Vice President JD Vance, Secretary of State Marco Rubio, and special envoy Steve Witkoff to lead the negotiations.

Hours before his post, Trump ruled out the use of force to seize Greenland for the first time, but demanded “immediate negotiations” for its acquisition, reiterating his view that only the United States can guarantee the security of the Arctic island.

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International

Venezuela’s interim president predicts 37% increase in revenues for 2026

Venezuela’s interim president, Delcy Rodríguez, said Wednesday that the country’s revenues are expected to increase by about 37% in 2026, in a statement made during a session of the Federal Government Council at the Miraflores Presidential Palace in Caracas.

Rodríguez said the projected rise in foreign currency income comes as agreements on Venezuelan oil sales with the United States are being implemented, including deals in which Washington will trade Venezuelan crude and manage the proceeds before transferring funds to Caracas.

“This year, revenues expressed in foreign currency will increase by 37%,” Rodríguez declared, according to EFE. She noted that the increase will also benefit regional governments and local authorities. “You will have more resources for your management, which I know you need,” she added.

Rodríguez said the distribution formula for revenues will remain the same as in 2025: 53% for communes, 29% for state governments, 15% for municipalities, and 3% for institutional strengthening. She also said the government would intervene to “correct imbalances” in how funds are allocated, particularly among some municipal and regional authorities.

The announcement follows reporting that Venezuela received at least $300 million from oil revenues tied to a U.S.–Venezuela deal that could involve up to 50 million barrels of crude. Washington officials have said the interim government met U.S. requirements under the agreement.

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