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Context of 'January 30, 2005: Venezuela Expands Cooperation with China'

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Hugo Chavez is elected president, beating Henrique Salas Romer, a Yale-educated former governor of Carabobo state. [CNN, 12/6/1998; CNN, 12/7/1998; New York Times, 12/9/1998]

Entity Tags: Hugo Chavez Frias

Timeline Tags: US-Venezuela (1948-2005)

George A. Folsom, president of the International Republican Institute, applauds the ouster of Venezuelan President Hugo Chavez. “The Venezuelan people rose up to defend democracy in their country,” he says in a statement. “Venezuelans were provoked into action as a result of systematic repression by the government of Hugo Chavez.” [New York Times, 4/25/2002]

Entity Tags: International Republican Institute

Timeline Tags: US-Venezuela (1948-2005)

Venezuelan President Hugo Chavez claims to have foiled another coup plot to remove him from office. [BBC, 10/6/2002]

Entity Tags: Hugo Chavez Frias

Timeline Tags: US-Venezuela (1948-2005)

Venezuelan President Hugo Chavez claims to have escaped an assassination attempt while returning from a trip to Europe. [BBC, 10/20/2002]

Entity Tags: Hugo Chavez Frias

Timeline Tags: US-Venezuela (1948-2005)

February 3, 2003: Strike Ends in Venezuela

A strike in Venezuela (see February 3, 2003) ends after 63 days. Although some oil workers continue striking, oil output slowly returns to a level about half of pre-strike production. [BBC, 2/3/2003]

Timeline Tags: US-Venezuela (1948-2005)

For the two-month duration of a strike in Venezuela (see February 3, 2003), the only commercials on Venezuelan TV are pieces by the opposition attacking President Hugo Chavez. [Adage, 2/10/2003]

Timeline Tags: US-Venezuela (1948-2005)

Venezuelan President Hugo Chavez’s government signs a deal with China to expand its oil market into China in search of more lucrative deals. [United Press International, 1/30/2005; Bloomberg, 2/2/2005]

Entity Tags: Scott McClellan, Hugo Chavez Frias

Timeline Tags: US-Venezuela (1948-2005)

President Hugo Chavez announces that the Venezuela controlled oil company, Petroleos de Venezuela, may sell eight oil refineries owned by US companies. Four of them are owned by Citgo Corporation and are currently used to refine Venezuela’s heavy, high-sulfur crude oil for use in the US. This move is part of a strategy to reduce Venezuelan dependency on US oil markets. At his speech in Argentina, Hugo Chavez describes Venezuelan dependency: “Not one Venezuelan works at these refineries… they don’t give us one cent of profit… they don’t pay taxes in Venezuela… this is economic imperialism.” Ivan Orellana, Venezuela’s representative to OPEC says that any “contracts found to be not in the national interest would be renegotiated.” [Bloomberg, 2/2/2005] The Venezuelan oil industry currently exports half of its oil to the US. [New York Times, 1/25/2005] This latest move is an indication to the Bush administration that the Chavez government is willing to test their relationship. US officials are worried about the implications of the sale for the American economy as 15 percent of US oil imports currently come from Venezuela. White House spokesman Scott McClellan says, “we have serious concerns. We have made our concerns known when it comes to President Chavez….” [Bloomberg, 2/2/2005]

Entity Tags: Hugo Chavez Frias, Scott McClellan

Timeline Tags: US-Venezuela (1948-2005)

Venezuelan President Hugo Chavez declares that the US-sponsored project, the Free Trade Agreement for the Americas (FTAA), is dead. Chavez says that a new model will be put in place to increase trade between Venezuela, Argentina, and Brazil regardless of the US government’s position. Chavez says that eventually a new organization similar to NATO will be established for the countries of South America. [VHeadline, 3/4/2005]

Entity Tags: Hugo Chavez Frias

Timeline Tags: US International Relations, US-Venezuela (1948-2005)

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