Venezuela, Argentina sign raft of bilateral agreements

[Judi Lynn]

Venezuela, Argentina sign raft of bilateral agreements
12:23 | 23/ 01/ 2009

BUENOS AIRES, January 23 (RIA Novosti) - The presidents of Venezuela and Argentina have signed a host of bilateral cooperation agreements in the energy, industrial, agricultural, and health spheres during an official visit, Argentine press reported.

Venezuelan President Hugo Chavez hosted his Argentine counterpart, Cristina Fernandez de Kirchner, on Thursday in Caracas, signing 12 accords, including one on the joint development of two oil fields in Venezuela.

Chavez declared Venezuela ready "to supply Argentina with oil and later liquefied gas for the next 100 years."

The two presidents also agreed on the creation of a bilateral fund to finance investments, including in the energy sector, and another nine agreements were signed by members of the leaders' delegations, according to reports.

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