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Venezuelan, Brazilian presidents meet on joint projects

Business Materials 27 May 2009 07:35 (UTC +04:00)

Brazilian President Luiz Inacio Lula da Silva and his Venezuelan counterpart Hugo Chavez met on Tuesday in northeast of Brazil to review the two countries' joint projects, Xinua reported.
   Local reports said the two presidents are expected to sign agreement on the house construction, technology cooperation and petrochemical industry.
   They also discuss steps to establish a public bank network and housing programs in Venezuela and to establish petrochemical facilities on Bahia, through the Venezuelan company Petroquimica de Venezuela (Pequiven) and Brazilian company Brasquen.
   The two presidents met in Salvador Do Bahia, northeast of Brazil.

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