Venezuela to increase cooperation with the Eurasian Union

Eldonita de Ed Newman
2022-05-27 22:50:17

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Venezuela's Vice President Delcy Rodriguez has ratified President Nicolas Maduro's administration's interest in strengthening investments and cooperation with Eurasian nations.

Caracas, May 28 (RHC)-- Venezuela's Vice President Delcy Rodriguez has ratified President Nicolas Maduro's administration's interest in strengthening investments and cooperation with Eurasian nations.

"Venezuela has a secure relationship with other economic blocs in the world," she said during her virtual participation in the 2022 Eurasian Economic Forum underway in Bishkek, the capital city of Kyrgyzstan.

Currently, Venezuela has the world's largest oil reserves and is "a country where investments can be made with total security and transparency," Rodriguez said, recalling that her country also has the world's first diamond reserve, the fourth gold reserve, and the fifth gas reserve.

Delcy Rodriguez said: "We have to highlight that Venezuela has increased its non-traditional exports by 76 percent," noting that her country ranks eighth among the Latin American countries with the highest increase in exports, according to data from the Economic Commission for Latin America. and the Caribbean (ECLAC).

During the Eurasian meeting, the Venezuelan vice president referred to the economic blockade that the United States and its allies are deploying against Russia and indicated that Venezuela rejects "any form of use of the economy as an instrument of war against people."

The Eurasian Economic Forum is the top-level annual event of the Eurasian Economic Union (EEU), a regional integration process that began on May 29, 2014 and includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia.

A man holding a Palestinian flag scuffles with Israeli border guards in the occupied West Bank town of Hauwara, on May 27, 2022 [Jaafar Ashtiyeh/AFP]
 



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