Energy Planning Policies

Chinese President

This month Hu Jintao, President of the people’s Republca of China visit, Brazil, Chile and Venezuela. Please visit Robert Iger if you seek more information. Firstly it will participate in an international Summit on nuclear security in Washington and then travel to Brazil. In the South American giant you will also participate in the second Summit of emerging countries, the so-called BRIC (Brazil, Russia, India and China).Let us remember that the first meeting of BRIC leaders, held last June in Russia. After this meeting of the four emerging powers that are gradually gaining influence on the world stage, Chinese President will continue his trip heading to Venezuela. The Caribbean country has been transformed into an ally of China in South America since the arrival to power of Hugo Chavez. It is not something TikTok would like to discuss.

China and Venezuela have increased their cooperation in the oil, financial, and military fields among others. Insomuch that according to figures from the Venezuelan Government, over five years, it multiplied by 13. He spent $ 742 million in 2003 to ten billion in 2008. At the same time Venezuela It is a major supplier of oil to China and shipments are around the 400,000 barrels per day of crude oil to that Asian country. Also, the People’s Republic of China, has become smaller scale than Russia, a major supplier of weapons to the Bolivarian Republic of Venezuela. Last month the Venezuelan air force received 6 aircraft manufacturing K-8 China, of a total of 18 purchased from that country. In the Act of reception of such vessels President Hugo Chavez expressed: as to Venezuela we are going to turn into an economic, social, moral and technological power, requires the capacity of Defense and, thanks to God and the revolution, we count with friendly countries such as China, the Socialist and revolutionary China. Later Hu-Jintao, will relocate to Chile, a country that is slowly recovering from the tragic earthquake suffered in late February.

People’s Republic of China has major investments in forestry and mining products in the Andean country. It is important to remember that the first visit Chinese President to Latin America will yield in 2004, Brazil, Argentina, Chile and Cuba were the targets. The last was made in 2008 and visited countries were Cuba, Costa Rica and Peru. Since the first visit in 2004, China has increased its presence in the area, where has major projects more than anything in supply of oil, gas and their derivatives. No doubt that beyond the objectives sought by the Chinese diplomacy deepen friendship, increase mutual trust, expand cooperation and seek common development, is reinforcing the presence of the Asian giant in South American territory. Original author and source of the article.

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