Venezuela and the Shanghai cooperation organization: impact on international trade of the new silk road

Abstract

The Shanghai Cooperation Organization (SCO) was established as a multilateral partnership to ensure security and maintain stability in the Eurasian region, join forces to counter emerging challenges and threats, and improve trade, cultural and humanitarian cooperation. For Venezuela, it is a viable option to expand and strengthen international relations with a block strategic, despite not being in the same hemisphere regional, is the possibility of proposing from its potential geopolitical and geo-strategic opening to new markets. The objective of this research is to analyze the feasibility of a framework for negotiations between the SCO and the Bolivarian Republic of Venezuela and its impact on International Trade in the new markets of the Silk Road. Having a documentary design, under a descriptive level. The modality of the present study with a qualitative approach, applied the techniques of analytical and critical summary. The results obtained indicate that Venezuela should take advantage of the development of specialized and diversified natural markets around the Silk Road to transfer value chains for mutual benefit, prioritizing trade and productive development according to its geopolitical zone of influence.