Another translation

Venezuela and China mining cooperation schemes evaluated
Tuesday, June 15, 2010

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Mu Li, the Asian Committee, Joseph Khan, and Ivan Hernandez.
In order to strengthen ties between China and Venezuela binational, a group of China visited the state of Bolivar, to see the potential of our country in mining. The representation of the government of the Republic of China held a working meeting with representatives of the Ministry for Basic Industries and Mining (Mibam), headed by its proprietor, Joseph Khan, and Deputy Minister of Mines, Ivan Hernandez, who was due mainly to establishing business relationships in the diamond industry with the Venezuelan government, given the knowledge and experience in this regard have Asian visitors.

The meeting provided an opportunity to learn aspects inherent in the development of the diamond processing industry in China, as related by the fact that only what is known as China's middle ie excluding Hong Kong, most of the Jewelry is produced by domestic companies in the area.

Li Mu, Asian representative of the commission, said product growth this area, the Chinese government had to create a decade ago, the Department for Import and Export of Diamond, confirming that such a measure, put paid to the high diamond import share was required to meet domestic demands, which was around 90 percent.

For the Venezuelan government this is a great opportunity that starts with the presence of this organization China who comes to our country after the visit of the Planning Group of the Asian country in terms of steel, iron and gold made its first stop Venezuela, leaving this and other meetings agenda to delimit the scope of the talks, in order to reach satisfactory agreements for both countries.

Ivan Hernandez, Vice Minister of Mines, described the dialogue with China's representation in positive terms, which include assessing the possibility of establishing ties for exploiting the potential of mining in the area of Guaniamo, for which the potential of the area reviewed a multidisciplinary team.

The team turn up the National Institute of Geology and Mines of Venezuela (Ingeominas), the Directorate of Survey and Mining Control, the Directorate of Mining Concessions, the Socialist National Mining Company and the Office of Legal Mibam, of course, supported by the Corporación Venezolana de Guayana (CVG)

"We have worked in principle, a work schedule. They have offered to send a delegation to Venezuela made by companies engaged in diamond mining and companies manufacturing machinery and equipment next month to advance regarding the issues left on the agenda ", said Vice Minister Ivan Hernandez. Press CVG /

Common benefit

The Bolivarian government official also announced that a delegation of Mibam Brazil was involved in the review of the experiences that this country has diamond exploration and production, through the Kimberly Process.

It is noteworthy that both Venezuela, Brazil and Guyana, comprising the South American sub-group of diamond producers, formed in late 2008 in Boa Vista. Since then, these three great allies in the area have exchanged information on diamond, and with this important visit will further strengthen ties in economic and financial matters by the national government.

Finally, it should be noted that in terms of complying with the guidelines issued by the Revolutionary Government headed by President Hugo Chávez Frías, the ultimate goal of such meetings, has a strong interest in promoting the utilization of our natural resources, low environmental policies and conservation, taking into account successful experiences such as the Asian country.