Venezuela seeks closer economic ties with Russia

The crisis of the electrical system and the search for new business alliances are the main theme of the recent meeting between Venezuelan and Russian officials in Moscow

A group of Venezuelan officials and businessmen traveled to Moscow to meet with local authorities in a plan to strengthen economic relations between the two countries, particularly in the face of the economic and social crisis that Venezuelans are going through.

In the framework of the XIV High Level Intergovernmental Commission between Venezuela and Russia and the First Business Forum in Moscow, which culminated this Friday, officials from both nations discussed the situation of the electricity crisis that has caused blackouts and millions of losses to Venezuela.

Venezuelan Minister of Foreign Trade and International Investment, Yomana Koteich, indicated that Caracas seeks to diversify its markets in the face of the crisis. He highlighted talks to reinforce the supply of important items such as wheat, as well as fisheries cooperation, telecommunications and the distribution of medicines.

For Venezuela, Russia is not only a strategic ally but also a key commercial partner for the development and shielding of public services, mainly electricity supply.

Venezuelan Minister of Planning Ricardo Menéndez said that Russia has extensive experience in this area, so they seek their support to address the attacks on the national electricity system (SEN).


Source: BancayNegocios

Comments are closed.