In terms of infrastructure, the said Latin American Nations signed a letter of intent for the construction of the dam caves, Central Las Coloradas (second development of the hydroelectric complex Uribante Caparo) between the Corporation electric National S.A (Corpoelec) – by Venezuela – and Queiroz Galvao – by another Brazil agreement aims to perform feasibility studies technical, economic, financial, environmental and social, for the possible hiring of provision of services in the execution of the works of two projects drivers of socio-economic transformation of neighborhoods located in the Sucre parish, Carretera vieja Caracas La Guaira, in sectors, Blandin and El Limon, and the parish St. Augustine, harmony and a complement of areas adjacent to the Metrocable systems, in Caracas. Regarding the housing issue, signed a complementary arrangement to the basic agreement on technical cooperation between the Government of the Bolivarian Republic of Venezuela and the Government of the Republic Federal of the Brazil, in terms of Housing and Habitat, for the implementation of plans of urban development and housing construction. Also, the execution agreed a program working to activate the mechanisms of inter-agency Exchange in the strengthening and development of the National Strategic Plan for family agriculture. In the tourist field, was initialled a memorandum of understanding for cooperation in the Area of economic and technological development, culture, sport, tourism and health between the Venezuelan State of Aragua and the Brazilian State of Bahia, in order to realize a partnership to boost the potential between the two entities. According to these agreements of development of the economy for both countries, could be considered the following: opportunities growth of exports from Venezuela to Brazil, although really Brazil exports more volume towards us, as us towards them.
Tariff discounts on some products integration of both Nations due to the political tendency of both rulers (socialism) development in the area of agriculture and livestock through the provision of Brazilian technology. Energy development through the partnership with Petrobras for the development of the gas pipeline of the South of 8,000 Km of length, which will cover the entire region of Brazil energy. Strengths the closeness between Venezuela and Brazil, which equals lower costs by concepts of freights. Venezuela ranks eighth in natural gas reserves around the world, with proven reserves of 148,9 trillion cubic feet, very dispersed in the national territory. Additionally, 91% of them, are jointly associated with petroleum production, gas and the remaining are in little developed projects and therefore require the agreement of technical support and training of Brazil.
Excellent diplomatic relations between the two countries. Exchange of sustitos to preserve the environment, as is the case of ethanol which replaces the tetraethyl lead. Weaknesses Brazil possesses a demographic and economic volume that makes it in the most powerful country of the MERCOSUR, being an important exporter of more than 70 million dollars, has added advantage over Venezuela market difference between Venezuela and Brazil, which could affect the positioning of our products. The lack of technology in our industrial sector, which leads to only negotiate our energy resources, since Brazil, has further development in this area. Threats the economy of Brazil also includes the export of resources energy, which places it as possible to our competitor. Brazil has strategic alliances with more powerful countries than us, which give it an advantage with respect to our alliances with very poor as for example, cuba, Bolivia, Ecuador, etc. National political tension, which affects the business sector mainly SMEs.