Venezuela industry to benefit from bloc

Robinson, Simon
July 2006
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p15
Trade Publication
This article reports that Venezuela's entry into the Mercosur trading bloc will benefit its chemicals industry. In July 2006, the presidents of the Mercosur countries--Brazil, Argentina, Paraguay and Uruguay--met Venezuelan president Hugo Chávez to confirm Venezuela's entry through the signing of an inclusion protocol. Zero-import tariffs will be phased in once agreements to include Venezuela in Mercosur have been concluded, according to Renato Endres of the Brazilian chemicals association Abiquim.


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