Venezuela reviews foreign deals
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Venezuela is to review all foreign investment in raw material production in an effort to boost its own industrial capacity.
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Venezuela's President Hugo Chavez names former state oil company boss Ali Rodriguez as his new foreign minister.
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Recent increases in defense spending by Brazil and Venezuela are attracting observers' attention.
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The top U.S. military officer said on Thursday he was concerned by Venezuelan President Hugo Chavez's purchases of military equipment, saying they could harm efforts to build greater stability in Latin America.
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CARACAS, Venezuela  - Venezuela on Tuesday reacted  warmly to a U.S. overture seeking better relations, but urged  Washington to recognize that left-wing President Hugo Chavez's  government was democratic, stable and independent.
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Bilateral trade between Venezuela and China will reach 3 billion US dollar in 2005, double this year, President Hugo Chavez said on his return to Venezuela following a five-day official visit to Beijing which was also another strategic move to lessen
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Venezuela is studying buying Russian submarines that would transform the South American country into the top naval force in the region, a military adviser to President Hugo Chavez said Thursday.
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Despite his nationalization moves, Venezuela's leader has a way to go. But a lot depends on how the U.S. treats him
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CARACAS, Venezuela  - Venezuela is looking to buyarms to strengthen its military capability and Russian MiG-29fighters are among the options being evaluated, a seniorofficer said on Monday.
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With the backing of President Hugo Chavez, Venezuela is setting up a state-owned telecoms firm to challenge dominant foreign owned operators.
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BEIJING The Venezuelan president, Hugo ChÃ¡vez, finished a four-day visit to China during the weekend in which he signed agreements that promise to open China&#39;s access to Venezuela&#39;s oil and natural gas fields.
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President Hugo Chavez said oil and gas deals he recently signed with the Chinese, part of a strategy to reduce reliance on U.S. export markets, will boost trade with the Asian country to nearly &#36;3 billion next year.
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Venezuela may be making decisions that are confounding oil companies, but the government there says it is merely seeking more income.
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When Venezuela recognized China's status as a market economy last week, Beijing secured yet another pawn in a low-key battle it is waging against the United States and Europe, analysts said.
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Venezuela and Malaysia may team up to build an oil refinery in the Asian nation, President Hugo Chavez said Monday after meeting with Malaysia's prime minister to discuss expanding trade and deepening ties.
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Venezuelan president Hugo Chavez said today in Moscow that 50 US dollars per barrel of oil is âan acceptable priceâ adding that OPEC (Oil Petroleum Exporting Countries) must make sure the price does not drop below 30 US dollars.
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CARACAS, Venezuela  - Venezuela on Sunday ordered  foreign oil firms operating in its huge Orinoco heavy crude  belt to pay much higher taxes in what President Hugo Chavez  called a drive to tighten sovereign control over petroleum  resources.