The Madrid conference was staged by Spain and by the Inter-American Development Bank.
Venezuelan President Hugo Chavez thanked ''Spain, Europe and the rest of the world'' for their help.
The state of Vargas alone is estimated to have suffered losses worth 1.7 billion dollars. The Venezuelan private sector estimates that the country will need 20 billion dollars in investments to rebuild itself. dpa st bw
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Received by NewsEdge Insight: 02/21/2000 10:17:55
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