International trade. The Economy of Venezuela
The Bolivarian Republic of Venezuela is rich in mineral resources, whereas Venezuela
is more known for its
hydrocarbons: ranks 5th in the world in oil
reserves and 7th in natural gas.
Caracas (2 million people, the capital of Venezuela) is the 7th
most important financial center of Latin
America (behind cities like Sao Paulo, Bogota, Santiago de Chile, Buenos
Aires, Mexico City and
Rio do Janeiro).
Caracas generate 19% of
Gross domestic product (GDP) in the Bolivarian Republic of Venezuela. Important Venezuelan companies like "Petroleos de Venezuela" (PDVSA), or CANTV, has its headquarters in Caracas.
Venezuela is member of the Mercosur since 2012
Example of the course doing business in Venezuela (English):
Maracaibo (Zulia state capital) has a population of 3 million people (2
biggest city in the Bolivarian Republic of Venezuela). Main economic activities
in Maracaibo are oil
Carabobo State is one of the most vibrant of the Bolivarian Republic of
Venezuela. The industry and
agricultural production of Carabobo are among the biggest in Venezuela. The main
economic activity of Carabobo State is industrial manufacturing (automotive, metalworking, chemicals, agribusiness, food and consumer
La Guaira (Vargas State) is the most important gateway to the Bolivarian
Republic of Venezuelaa; the
Port of La Guaira
is one of the major Venezuelan ports.
"Petróleos de Venezuela S.A (PVDSA)"., the state-owned corporation of the Bolivarian Republic of Venezuela, is responsible for the efficient, profitable,
and dependable exploration, production, refining, transport and
hydrocarbons. PDVSA keeps a strong presence abroad through 5 offices
situated in Argentina, Brazil, Cuba, The United Kingdom and Holland.
CANTV ("Compania Anonima Nacional Telefonos de Venezuela") is the leading
provider of integrated telecommunications services in Venezuela. CANTV had 3.6 million lines in service, 8.2 million mobile
subscribers and 528,000 broadband subscribers.
Venezuela is composed of 23 federal states and a capital district (Caracas).
Venezuela borders Brazil, Guyana and the Republic of Colombia.
Example of the course (Doing business in Venezuela - Spanish):