Mexico and Venezuela renew San Jose Pact

Aug 04, 2000 02:00 AM

Mexican President Ernesto Zedillo and Venezuelan President Hugo Chavez signed an agreement renewing the San Jose Pact, under which Mexico and Venezuela supply Central American and Caribbean countries with crude oil and refined petroleum products at preferential prices.
First implemented in 1980, the San Jose Pact now will need to be renewed on an annual basis. In a joint official statement, Zedillo and Chavez said the agreement demonstrated a willingness to strengthen links with Central American and Caribbean nations and contribute to regional economic development and integration.

Source: El Universal/InfoLatina via Newspage
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