Statistics recently published by Bancoex -Import/Export Bank of Venezuela - SURAL ranked seventh in the top ten national export companies and second in the private sector, as indicated by certificates of origin issued between January and july 2001.

Complete top ten list: click here (Adobe Acrobat PDF format)
Source: http://www.bancoex.com

Montreal [Quebec], September, 2001 - As a follow-up to various scenarios currently circulating in the Saguenay-Lac-Saint-Jean region, Dr. Alfredo Riviere, President of Sural Group, today confirmed key elements of a plan to create, in the Aluminium Valley, a unique Centre for the development and commercialization of light materials. This new business, Tramal Inc., will be dedicated to the development and commercialization of new manufacturing processes for mechanical and structural automotive parts in aluminium, composite materials, technopolymers. It will specialize in the formulation of solutions for the automotive and transportation industries. Investments totalling several tens of millions of dollars are forecasted over the next ten years.

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According to Dr. Riviere, "Integration does not mean creating economic blocs to confront other blocs, but rather to improve the trade opportunities within those trade zones and to negotiate with other continents or regions that have common markets". He went on to point out that integration must take place without discriminatory treatment with respect to both investment and trade. It must guarantee the creation of a large open market that is free to all participants, resulting in larger internal markets. With improved productivity, costs will go down and the labour force will grow and become more highly skilled. All these advantages will be reflected in product quality.

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