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View Full Version : Leonel off to Margarita, Venezuela



NewsWhore
07-07-2008, 06:00 PM
President Leonel Fernandez will travel to Margarita, Venezuela on Saturday, 12 July to attend the V Summit of the PetroCaribe Agreement. Fernandez will meet with the heads of state of other 15 members of the group of Caribbean nations that benefit from the agreement. A source in the Presidential Palace told Hoy reporter Diego Pesquiera that all 16 heads of state and heads of beneficiary governments will be present at the summit.
The main item on the agenda is the hefty increases in the price of a barrel of oil. Fernandez is expected to ask President Chavez for an increase in the quota assigned to the Dominican Republic.
One of the main aims of the Petrocaribe Agreement is to ensure that petroleum prices do not impede the development of the Caribbean.

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