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Message: Venezuela and China sign mining agreement
Venezuela and China sign mining agreement
Wednesday, 26 of May of 2010

The Asian cooperation seems to move to the alliances that in this matter the government maintained with the Russians, whose future is seen in risk by the application of the resolution of the BCV.

Natalie Garci'a
Photo William Urdaneta

The agreements seem to want to put order to the situation of illegality of many auriferous deposits
The governments of Venezuela and the one of the People's Republic of China signed this Tuesday two agreements that will allow that both nations continue working in oriented joint projects the development of the mining in the country.

The information was presented by national Head of State Hugo Chavez, who explained that one of documents is a act of meetings and commitments, where the recommendations done by nine tables of work in different development area are picked up.

The second binational instrument was signed by the minister of Basic Industries and Minería, “Chinese” Jose Khan and the adviser of the Development bank of China, Liu Ke Gu, and is referred to the cooperation between China and Venezuela in the mining subject.

President Chávez, considers that the decided thing is “a vanguard document, because is advancing in a specific area”, as it is the mining. Of equal way he maintained that this one feels the bases for a mining alliance Chinese-Venezuelan.

Also it commented that with these “we are releasing to Latin America, in that we are, that one is our task, and as it said it to Mao: “China will help the liberation of the towns, to the development of the towns, La Paz in the world”. Peace, brotherhood, that are what we want and that is what we are constructing”.

Difficulties in door
This new agreement would seem to throw to a side signed the past the year with the Russians of the Agapov company, now Rusoro Mining, in which also there were serious intentions for the mineral operation like gold and to kaolin.

At present the companies of Russian capital are to the doors of a closing, just when the prices of gold surpass the barrier of the 1,200 dollars the ounce because of the European crisis generated by the economic fiasco of Greece, that has overturned the investments towards the gilded metal.

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