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Venezuela News

    Venezuela Economic News

    Venezuela getting better all the time

    The social advances that no one can hide

    The visitor who walks the streets of cosmopolitan Caracas can soon see the Venezuelans are living in a moment of joy, marked by positive social change that is a benefit to the population.

    It is because year after year, since 1999 when Hugo Chavez assumed the presidency of the country, the reasons have increased to support the transformation process chosen since the accumulated achievements are numerous.

    First the missions have implemented plans to ensure medical attention, education, social inclusion and other basic rights, which served as a starting point to guarantee to reduce the wide gap between the working class and the local bourgeoisie.

    As soon as these essential benefits were obtained of providing basic medical care for all Venezuelans, then teaching reading and writing to those who had never had a book in their hands and ensuring the continuity of studies took place.

    Venezuela Designs Strategy as Mining Power

    Caracas, Apr 25 (Prensa Latina) The Venezuelan government is working with Chinese advisers with the goal of present in July its short, medium, and long-term mining development plans, the Basic Industry Ministry announced Monday.

      The objective is to reinforce mining production processes, take advantage of international prices, and establish the country as a mining power, the ministry said in a press release.

    The projects are also an alternative to oil production, which as the driving force of the national economy contributes 70 percent of hard-currency income.

    Venezuela has large reserves of bauxite (aluminium), iron, and gold, located chiefly in the states of Bolivar and Delta Amacuro.

    A top-level Chinese delegation has been visiting Venezuela since mid-April to help plan its development in strategic fields such as industrialization and housing construction.