Spain and Venezuela trade agreement

Spain and Venezuela signed on Friday the 24th of October an agreement under which Spain will buy crude oil from the Andean nation and will use the proceeds to purchase technology from Spanish companies.

The agreement was signed at a ceremony at Madrid’s Viana Palace by the Spanish Foreign Minister Miguel Angel Moratinos and his Venezuelan counterpart Nicolas Maduro.

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Spain needs skilled labour

According to the 3rd edition of the yearly report of immigration, Spain will require 100.000 immigrants a year up to 2012 to fill qualified positions in the public health system, engineering and in the technology sector. But 2012 430.000 skilled workers will be needed for the Spanish economy to remain competitive over the years.

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