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Venezuela and Brazil set up a commission to coordinate trade

Venezuela and Brazil set up a commission to coordinate trade
Photo: Global Americans

June 20 |

Delegations from Venezuela and Brazil met in Caracas to boost binational trade and ratify the commitment to jointly combat smuggling on the common border.

This Tuesday, the Venezuelan Foreign Minister, Yván Gil, informed through Twitter, indicated that both delegations held a meeting to follow up on the Brasilia Declaration, signed last May 29, between Presidents Nicolás Maduro and Luiz Inácio Lula da Silva, respectively.

Both delegations agreed to “develop joint actions on binational trade matters to advance in a greater coordination on the economic and commercial situation of both countries”.

They also agreed to advance in “a Brazil-Venezuela working commission for the evaluation of Brazilian products of animal and vegetable origin” and also to combat cross-border smuggling.

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The parties “decided to install the Administrative Commission provided for in the Economic Complementation Agreement (ACE-69), signed on December 27, 2012, as well as a Brazil-Venezuela working commission for the evaluation of Brazilian products of animal and vegetable origin, in addition to the mutual commitment to combat cross-border smuggling,” the text specifies.

These agreements arise from the “construction of a new cooperation map based on the principles of brotherhood, solidarity and complementarity”, the Venezuelan Foreign Ministry’s text highlights.

In this sense, the parties agreed to meet soon in order to set up the corresponding technical tables with a view to relaunching the bilateral relationship within the framework of the construction of the new cooperation map based on the principles of brotherhood, solidarity and complementarity.

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