Venezuela has long been a large provider of oil throughout the Americas. Most of Central and South America receive their oil from Venezuela. For years, the United States has asserted pressure on Venezuela keeping countries from buying oil from the country, but in recent years countries have been more willing to negotiate. Recently, Venezuela signed a new deal with the Trinidad and Tobago.
Nicolas Maduro has made major differences in Venezuela and he hopes to build the countries reputation. According to the Latino Show Magazine, he recently started negotiating with his counterpart for Trinidad that will help enrich both countries.
Trinidad and Venezuela have announced a major partnership between the two countries oil industries, and in both security and commerce. The two countries share a border and this partnership will ensure that both companies can enrich each other and stay more secure.
The partnership is mostly focused on natural gas extraction and exportation. The agreement is aimed at getting fast results for both sides, so that the citizenry will be enriched.
The two countries also want to increase trade through their borders, and they reached an agreement that would allow more trade to travel through their border. This opening up of trade is rare for both countries, but could make a huge difference for both sides.
The agreement between the two countries should make a major difference for both sides, says expert Luque. The trade agreement will bring food to the people of Venezuela and Trinidad.