2004News

Loans from Brazil, Venezuela

President Leonel Fernandez will travel on Wednesday to Brazil to participate in the Group of Rio summit, as reported in El Caribe. The summit trains its focus this year on Latin American integration and the identification of new sources for finance. Fernandez told the press that in Brazil he will discuss two loans, one with the Banco Centroamericano de Integracion y Desarrollo and another with the Corporacion Andina de Fomento. Following his participation in the Brazil summit, he will travel on to Caracas for the signing of the Acuerdo Energetico de Caracas that will allow certain facilities for the payment of petroleum bills and will ensure their source of fuel. The president is scheduled to return home on Saturday.