Business news

MINSK, 6 September (BelTA) – Ambassador Extraordinary and Plenipotentiary of Belarus to Venezuela Oleg Parferov met with Venezuelan Deputy Minister for Basic, Strategic, and Socialist Industries Marcial Arenas, BelTA learned from the Belarusian embassy in Venezuela.

“The sides exchanged views on the development of industrial cooperation. In particular, they talked about the terms of new contracts to supply Belarusian knockdown kits to Venezuela,” the embassy noted.

Ambassador Oleg Parferov and Marcial Arenas also discussed ways to gradually ensure from 30 to 50% of Venezuela’s content in joint production. They also touched upon the participation of Belarusian companies in the promotion of joint assembly facilities.