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Venezuela officially Bolivarian Republic of Venezuela is the sixth largest country in South America unique in landscape flora fauna and wild life that rivals the larger nations in South America In fact due to its uniqueness Venezuela is as much a Caribbean country as it is a South American one Venezuela lies at the northern extreme of South America bordered by Columbia to the West Brazil to the South Guyana to the East and the Caribbean Sea to the NorthThe country is just over 900000 square kilometers divided into 23 states The areaincludes stretches of the Andes Mountains huge areas of Amazonian rain forest fertile plains miles of Caribbean shoreline and even a small desert The nation also has twogeographical superlatives the worlds highest waterfall and South Americas biggest lake Because of its proximity to the Equator Venezuela experiences few climatic variations just two seasons dry December to April and wet May to November and an average temperature of 27CWhatever economic development has occurred in Venezuela is largely due to the enormous natural resources of oil The country was the worlds third largest exporter of oil its ninth largest producer of oil and accounted for more oil reserves than any other nation in the Western Hemisphere The national petroleum company Venezulean Petroleum Corporation PDVSA was also the third largest international conglomerate In 1973 the Organization of Oil producing countries OPEC succeeded in raising the price of oil drastically a major boost to the economy If you meet a business traveler in Venezuela theres a good chance they work in the petroleum industry Because of its immense mineral wealth Venezuela in 1990 was poised to become an international leader in the export of coal iron steel and aluminum Not withstanding the oil market the country has embarked on a program to develop its tourism industry hoping to surpass oil revenue by the year 2002 Agriculture Banking and Fishing complete the list of
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