ESPACIO PUBLICITARIO
CARACAS, Thursday July 18, 2013 | Update
 
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VP: Venezuela may become China's "entrance gate" to Mercosur

Venezuelan Vice-President Jorge Arreaza met with his Chinese counterpart Li Yuanchao and the chairman of China Development Bank Hu Haibang. Arreaza said Venezuela-China relation are an example for the whole world, particularly for the Americas

The Venezuelan senior official was welcomed with a ceremony by Chinese troops (EFE)
EL UNIVERSAL
Thursday July 18, 2013  02:17 PM
Venezuelan Vice-President Jorge Arreaza began on Thursday a four-day visit to China with a couple of meetings where told communist political and economic leaders that Venezuela was ready to become China's "entrance gate" to the Common Market of the South (Mercosur).

Arreaza met with Chinese Vice-President Li Yuanchao and the chairman of China Development Bank (China's main investment arm abroad), Hu Haibang, EFE reported.

The Venezuelan vice-president, who was welcomed with a solemn military ceremony, stated that China-Venezuela relationship is "a model bilateral relation for many countries around the world and particularly the Americas."

Arreaza is scheduled to meet Chinese President Xi Jinping on Friday.

For his part, the chairman of China Development Bank underscored that the financial institution had lent over USD 40 billion to Venezuela over the last six years.

He also stressed that in the first half of 2013, Venezuela received some USD 14.7 billion.

"Venezuela is one the most significant countries for our international cooperation," the official stated.
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