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Caribbean-Latin America
Venezuela's Chavez urges Brazil to counter US
2007-09-22
Venezuelan President Hugo Chavez urged Brazil on Thursday to accelerate trade and energy integration with his country to help counterbalance US interests in the region. The leader of the oil-rich Caribbean nation criticised Brazil for dragging its feet on his proposal to build a $20 billion pipeline from Venezuela to Argentina that would supply much of South America with gas. “We are very surprised there are people here that oppose (the pipeline),” Chavez said in the northern Brazil city of Manaus before a meeting with his Brazilian counterpart Luiz Inacio Lula da Silva. “Venezuela has 80 percent of South America’s proven gas reserves, let the Brazilians know that,” he said.

The two left-wing leaders favour South American integration as a counterbalance to the trade interests of rich countries but Lula has repeatedly distanced himself from ChavezÂ’s anti-market and nationalist policies. Chavez also urged BrazilÂ’s Congress to approve VenezuelaÂ’s entry into the South American trade bloc Mercosur, which is made up of Brazil, Argentina, Uruguay and Paraguay.
Posted by:Fred

#1  Make it a 50 billion buck pipeline and have the secondary send pure sweetness and light. Lawz, what a moroon, VA banks went to 120% overnight loans on Huggies idea that the central banks oughta loan money to the pooor.

Evern 'ugo got concerned. Dropped that quickly. LOL!
Posted by: Thomas Woof   2007-09-22 10:38  

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