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The arrival of the new Venezuelan ambassador to Lisbon marks a shift in Portugal's geopolitical and economic strategy towards Venezuela. Recent events, including the "Investing in Venezuela" conference in Lisbon, highlighted the country's significant oil reserves and emerging opportunities. Key speakers included former European Commission President José Manuel Durão Barroso and Venezuelan oil officials, emphasizing the importance of engaging with Venezuela now. Additionally, a Portuguese government delegation visited Venezuela, led by Economy Minister Manuel Castro Almeida, to strengthen bilateral relations and explore business opportunities. This diplomatic initiative signals a growing interest in Venezuela's market, presenting new prospects for Portuguese investors.
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