The High Level Intergovernmental Commission Russia – Venezuela (Cyan) led by the sector vice president for the Economic Area, Tareck El Aissami, along with his Russian counterpart, Yuri Borísov, as co-chairs of the body created for the development of both peoples, signed the cooperation and business agreements Miraflores Palace.
Intensa jornada de trabajo de la Comisión Intergubernamental de Alto Nivel. Revisamos todos los temas de cooperación y de trabajo conjunto en lo militar, lo económico y en diversas áreas de interés común. Iniciaremos nuevos emprendimientos con participación de empresas rusas. pic.twitter.com/JE6Jho0OpJ
— Nicolás Maduro (@NicolasMaduro) October 6, 2019
In the presence of the president of the Bolivarian Republic of Venezuela, Nicolás Maduro; Executive Vice President Delcy Rodríguez; the chancellor, Jorge Arreaza and the vice president of Communication, Tourism and Culture, Jorge Rodríguez re carried out the act in which both nations strengthen the true strategic cooperation that is permanently intensified.
The agreements are developed in strategic areas such as iron, steel and petrochemicals with Russian investments in Venezuela in the order of $ 4 billion and a 10% growth in commercial exchange, especially in agricultural supply in order to overcome the blockade economic imposed by the United States government and allies against both countries.