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 Venezuela eager to restore dynamics of relations with Belarus | Business news, Belarus | Belarus.by
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28 Nov 2023

Venezuela eager to restore dynamics of relations with Belarus

Venezuela eager to restore dynamics of relations with Belarus

MINSK, 28 November (BelTA) –Venezuela intends to restore dynamics of relations with Belarus through joint efforts. Venezuela’s Vice President – Minister of Planning Ricardo Menendez made the statement after meeting with Belarus President Aleksandr Lukashenko, BelTA has learned.

Belarus and Venezuela have been cooperating in a large number of areas since the times of Hugo Chavez, the vice president noted. “Indeed, solid manufacturing cooperation ties have been established between our countries. But at some point sanctions and the pressure of Western countries disrupted the normal pace of these mutual relations. This is why today’s main goal is to restore dynamics, overcome hindrances that exist on this road,” he stressed. “Certain accomplishments have already been secured. We are now talking about advancing our relations to new heights. After we got stronger in the fight against sanctions, we have to move forward through joint efforts and plan a new stage of our joint activities for the next ten years.”

According to Ricardo Menendez, the sides are now focused on matters of mutual interest: “First of all, we are talking about rebooting the joint ventures for making tractors and automobiles. There is interest in cooperation in petrochemical industry. The matter of establishing logistic ties is very important. We are now working on all of it.”

It is a common fact that a Belarusian-Venezuelan joint venture has been set up in Venezuela’s territory to make up to 10,000 tractors and up to 5,000 trucks per annum. By the way, it is the largest enterprise in this region. “We are talking not only about the production of these vehicles but also about selling them domestically and in neighboring countries,” Ricardo Menendez noted. In his words, the matter will be discussed at a session of the Belarus-Venezuela trade and economic cooperation, which is due to take place in Minsk these days. In particular, the sides are expected to work out a manufacturing plan for the year 2024 and specify how many products will be made and sold.

 

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