The Minister of External Relations, Antonio de Aguiar Patriota, will visit Venezuela on 1 November 2012, when he will have a work meeting with the Minister of Foreign Affairs and Executive Vice President of Venezuela, Nicolás Maduro Moros.
The foreign ministers will examine the main topics on the Brazilian-Venezuelan agenda with emphasis on trade and bilateral cooperation, the process of entry of Venezuela into MERCOSUR and the relationship with African and Arab countries.
Brazil and Venezuela have an important cooperation agenda – in areas such as health, agriculture and education, among others. EMBRAPA, Caixa Econômica Federal and IPEA have offices in Caracas, which provide technical cooperation to Venezuela in topics such as housing, banking inclusion, agricultural production, training of personnel and production integration.
Venezuela is one of Brazil's major trading partners in South America. In 2011, trade regained its pre-economic and financial crisis volume and registered the record figure of US$ 5.86 billion. Since 2003, bilateral trade has increased fivefold, Brazil being the third main exporter to Venezuela.
With the entry of Venezuela, MERCOSUR has now a population of 270 million inhabitants (70% of South America population), GDP at current prices of US$ 3.3 trillion (79.6% of South American GDP) and a territory of 12.7 million km2 (72% of South American area), extending from Patagonia to the Caribbean and asserting itself as a global energy power.