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Conveniently located at the north end of the South American continent,
Venezuela has an enormous potential for development and investment.
It is an ideal site for international business operations due to
the combination of its proximity to Latin American and Caribbean
markets and its relatively short distance from North America and
Europe. The country has a long tradition in the production and export
of petroleum and gas products, and Venezuela's proven hydrocarbon
reserves are among the largest in the world. This fact, combined
with its substantial hydroelectric resources, allows the country
to be characterized as one of the most important energy sources
of the Western Hemisphere, and certainly as its main energy exporter.
Opportunities for investment and trade in Venezuela are abundant
in sectors such as oil and gas production and distribution, electrical
distribution, petrochemicals, aluminum, steel, agriculture, tourism
and consumer products and services, to name but a few. The country's
extensive participation in regional and subregional trade agreements
allows many Venezuelan products to be exported with reduced tariffs
to other Latin American countries, and with no tariffs in the case
of the Andean Community, a five-country market with a population
of more than 100 million. Many of its products enjoy preferential
access to North American and European markets as well. Venezuela's
location, the diversity of its resources, its modern infrastructure
and its present and future economic prospects make it a natural
candidate for companies in search of international investment opportunities
which guarantee long term profitability. |
Embassy
