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India Venezuela Business and Cultural Council

India Venezuela Business and Cultural Council - About Venezuela

About Venezuela

Venezuela, located on the northern coast of South America, is a country known for its diverse landscapes, cultural richness, and abundant natural resources. With a population of around 28 million people, it is one of the region’s most significant nations. The capital, Caracas, is a major political and economic center, while cities like Maracaibo and Valencia contribute to the country's industrial and commercial activities.
Venezuela’s geography is marked by stunning contrasts, including the Andes Mountains, the vast Orinoco River Basin, and the Angel Falls, the world’s highest waterfall. The country also boasts a long Caribbean coastline, home to pristine beaches and vibrant tourism hubs such as Margarita Island and Los Roques.
Economically, Venezuela is one of the world's largest oil-rich nations, with vast petroleum reserves that have historically been the backbone of its economy. The country is also a major producer of gold, natural gas, and bauxite, along with agricultural goods like cocoa and coffee. However, economic instability, inflation, and political challenges have impacted growth in recent years.
Culturally, Venezuela is famous for its lively music, dance, and festivals. Joropo, the national dance, reflects the country’s deep folkloric traditions, while salsa, merengue, and gaita music are integral to its vibrant cultural scene. The annual Carnival and Feria de la Chinita are widely celebrated across the nation.
Despite facing challenges such as economic difficulties and political unrest, Venezuela remains a country of incredible resilience and potential. With its rich cultural heritage, stunning landscapes, and vast natural resources, it continues to be a nation of immense promise and global significance.

Objectives

Objectives

India Venezuela Business and Cultural Council - Business Council

Business Council

To promote bilateral trade between India and Venezuela To boost businesses of all the sectors, particularly MSMEs, and create business opportunities To promote businesses of all sizes across the two countries Establish business to business and people to people contact Create tie-ups amongst chambers of commerce and have businesspeople as part of this council.

India Venezuela Business and Cultural Council - Cultural Council

Cultural Council

To promote cultures and exchange ideas and values through this council Facilitate cultural exchanges in the form of music, dance, history, artifacts, exhibitions, expos and even through online mediums Create opportunities for student exchanges, training and courses to promote cultural relations between India and Venezuela To promote artists through shows, exhibitions, etc. either in person or through online mediums.

Discover the untapped business opportunities in Venezuela

Venezuela at a Glance

Venezuela at a Glance

The Bolivarian Republic of Venezuela

Caracas

Northern South America, bordering the Caribbean Sea

916,445 square kilometers (353,841 sq mi)

28.7 million (2024)

Spanish

Petroleum, Mining, Metals, Agriculture

Energy, Healthcare, Automotive, Food & Beverages

Venezuelan Bolívar (VES)

+58

(GMT -4)