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Lula and Chávez Economic Summit

By Oscar Maldonado, Contributing Reporter

RIO DE JANEIRO - The presidents of Brazil and Venezuela, Luis Inácio Lula da Silva and Hugo Chávez, met last week in Salvador, capital city of Bahia, to discuss bilateral energy projects and the ongoing process of South American social and economic integration.

Salvador’s Pestana Hotel hosted one of the main topics on the agenda, the construction of an international oil refinery in the state of Pernambuco: the Abreu e Lima Refinery. However, both parties were unable to reach an agreement about building it for undisclosed reasons and the decision was . . .

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