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Alexander Lukashenko noted that Venezuela is a strategic and very important partner of Belarus in Latin America. Within a comparatively short period of time the two countries have created a reliable political and economic foundation for bilateral interaction. “Due to the complicated situation in the world the pace of implementation of joint projects has slowed down in the last few years. We are not satisfied with it. Neither Belarusians nor Venezuelans are satisfied with it. The situation needs to be fixed,” stressed Alexander Lukashenko.

The president said that during the negotiations with Nicolas Maduro earlier that day the sides agreed that the two countries do not have to start developing their bilateral relations from scratch. “It is necessary to continue what we know how to do. It is necessary to erect a new building in the new stage of Venezuela’s development on the foundation we have created,” remarked Alexander Lukashenko.

Belarus and Venezuela have established long-term trade, economic, and manufacturing cooperation ties. A number of joint ventures have been set up to make automobiles, tractors, extract oil, and develop gas infrastructure. “A Belarusian technology has been used to start making road construction machines in Venezuela. Latin America’s largest brick factory has been built. Together we have built hundreds of thousands of square meters of housing for low-income families in Venezuela. It is a good foundation for our future relations. We hit the mark when we started it in the past,” said the head of state.

“We are ready to continue this road in Venezuela together with you,” stressed Alexander Lukashenko.