www.xinhuanet.com
XINHUA online
CHINA VIEW
VIEW CHINA
 Breaking News URGENT: Explosions heard in Iraqi city of Baqouba     Interim Iraqi president casts vote in Baghdad    URGENT: Landmark elections kick off throughout Iraq    Meeting on tsunami warning arrangements opens in Thailand     Israeli army chief orders end to operations in Gaza     China penalizes gambling officials     
Home  
China  
World  
Business  
Technology  
Opinion  
Culture/Edu  
Sports  
Entertainment  
Life/Health  
Travel  
Weather  
  About China
  Map
  History
  Constitution
  CPC & Other Parties
  State Organs
  Local Leadership
  White Papers
  Statistics
  Major Projects
  English Websites
  BizChina
- Conferences & Exhibitions
- Investment
- Bidding
- Enterprises
- Policy update
- Technological & Economic Development Zones
Source Manufacturers and Suppliers from China and around the world
   News Photos Voice People BizChina Feature About us   
China and Venezuela sign oil agreements
www.chinaview.cn 2005-01-30 15:13:59

 
The Vice President of the People's Republic of China, Zeng Qinghong (L) is greeted by Venezuelan President Hugo Chavez prior to a meeting in Caracas. (Photo: China Daily/AFP)

    BEIJING, Jan. 30 --Venezuela President Hugo Chavez and Chinese Vice President Zeng Qinghong signed several agreements Saturday concerning oil, agriculture and technology, officials said.  

    Chavez has sought to forge new trade and political ties with foreign powers including China and Russia.

    "Each (agreement) will turn into a thousand things," Chavez said after the signing ceremony at the presidential palace.

    Zeng arrived in Venezuela on Friday as part of a tour of several Latin American and Caribbean countries.

    His delegation includes 125 officials and business representatives who discussed bilateral investments with Venezuelan business leaders on Saturday.

    During their meeting, Chavez and Zeng signed a total of 19 agreements after discussing technological cooperation, as well as mining, oil and gas projects, according to a statement issued by Venezuela information ministry.

    On a visit to Beijing last month, Chavez signed agreements boosting Chinese investment in Venezuela's rich oil and gas resources.

    The deals also involved the construction of a railroad in eastern Venezuela, the purchase of a satellite to improve telecommunications in the South American country, and the purchase of radars to tighten security along its border with Colombia.

    Venezuela expects trade with China to reach US$3 billion this year due to the trade deals signed in December.

    Zeng is to leave for Trinidad and Tobago on Sunday.

(China Daily/Agencies)

  Related Story
Copyright ©2003 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.