EL UNIVERSAL
CARACAS, Monday October 02, 2006 | Update
Insulza expects US-Venezuelan relations to improve
Organization of American States (OAS) Secretary-General José
Miguel Insulza said Monday that existing sound, trade foundations
help improve strained US-Venezuelan relations.
"I have reasons to think that they should improve or will
never go too far and worsen, because anyhow Venezuela is the
eight oil exporter to the United States," Insulza said in
the context of the Seventh Conference of Defense Ministers
of the Americas.
The OAS Secretary-General remembered that Venezuela is the
country with the best balance of trade with the United States
in the hemisphere, AP reported.
He added that Venezuelan sells not only oil, but byproducts
to the United States. Venezuelan gasoline is distributed in
more than 12,000 stations across the nation.
On the Cover
IISS: The FARC financed Chávez before 1999
10:07 AM. DIPLOMACY. Admired by the Colombian guerrilla after his coup attempt in 1992, the then lieutenant colonel Hugo Chávez Frías received financial support by the Colombian Revolutionary Armed Forces (FARC) for his projects after his capture that year. This mostly explains the relationship and "debt" between the parties, as revealed by a paper of the International Institute for Strategic Studies (IISS) of the United Kingdom.
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