The Ministry of Commerce revealed this Friday what were the conclusions of a series of business meetings between the ministry and members of the Venezuelan Government that took place this week in the capital of the neighboring country. Among the points addressed, investment promotion and complementation agreements stand out, among others.
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It is necessary to agree that these meetings take place after both countries resumed diplomatic relations, as one of the first foreign policy mandates of President Gustavo Petro. Meanwhile, commercial ties were endorsed on September 26 with the reopening of the border between Norte de Santander and Táchira for the exchange of goods.
The Minister of Commerce Germán Umaña participated in the meetings; the Deputy Minister of Foreign Trade, Luis Felipe Quintero; Wilmar Castro, Minister for Agriculture of Venezuela; the superintendent of the Integrated Customs and Tax Administration Service (Seniat), José Cabello Rondón, and the deputy minister of Foreign Trade, Johann Álvarez; among others.
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The delegations agreednew guidelines on the deepening of trade within the framework of the Aladi and other instruments that regulate trade relations”, they also exchanged tariff information for “identify opportunities and sensitivities appropriate to the new reality of trade and investment”.
Also, according to the Ministry of Commerce, it was agreed “promote the agreement of industrial, productive and services complementation, as well as transfer, adaptation and technological innovation”, for which it will be convened “in the short term” a meeting between the public, private and university sectors to “define the roadmap for the deepening of cooperation relations in the matter”.
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At the meeting it was suggested develop binational tourism products directed mainly towards ecological and sustainable tourism, as well as multi-destination tourism.
Regarding investment, the delegations maintain that “the development of instruments that promote investment and legal certainty is essential”. The Venezuelan side submitted a proposal that “will be evaluated” by its Venezuelan counterpart.
Both groups will meet again next Thursday, October 13 to follow up on the proposals made.
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