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Venezuela's Maduro guarantees supply of oil to Uruguay

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(Globalpost/GlobalPost)

Montevideo, May 7 (EFE).- Venezuelan President Nicolas Maduro promised his Uruguayan counterpart Jose Mujica on Tuesday a "permanent" supply of petroleum from oil-rich Venezuela.

At a joint press conference in Montevideo, Maduro announced the signing of a strategic alliance in the energy sector.

He arrived Tuesday in Uruguay for a brief official visit as part of his first tour of the region after winning Venezuela's April 14 special election to choose a succesor to Hugo Chavez, who died March 5 after a long battle with cancer.

Besides the accord on oil, Mujica and Maduro attended the signing of other agreements to do with food, for the export of Uruguayan products such as milk and meat to Venezuela, and on transport, calling for the Urutransfor companies to help with the modernization of the Caracas subway.

They also signed pacts in the field of defense, science and technology, including one on software, a sector in which Uruguay ranks high internationally.

Also ratified was Uruguay's decision to adhere to the Sucre system, which was created by the Venezuela-led Bolivarian Alliance for the Americas, or ALBA, to allow member countries to engage in trade without having to use dollars.

http://www.globalpost.com/dispatch/news/agencia-efe/130507/venezuelas-maduro-guarantees-supply-oil-uruguay