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Venezuela - FOREIGN ECONOMIC RELATIONS (Site not responding. Last check: 2007-09-10) |
 | | Venezuela shipped half of its exports to the United States in 1988, with another 6 percent destined for West Germany, 4 percent to Japan, 4 percent to Cuba, and nearly another 4 percent to Canada. |
 | | Venezuela exported oil to a large number of other countries, quantities of which were often controlled under OPEC quotas or other agreements, such as the San José Accord (see Petroleum; Natural Gas and Petrochemicals, this ch.). |
 | | Venezuela did, however, accept Ancom's provisions to lower the profile of foreign investment by reducing the level of such investment to 50 or 20 percent depending on the sector. |
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