Turkey visits Venezuela for the first time to establish financial ties Turkey visits Venezuela for the first time to establish financial ties Photo: teleSUR

Venezuela and Turkey Formalize Ties at Joint Business Forum

Published 3 December 2018

Venezuelan President Nicolas Maduro and Turkish President Recep Tayyip Erdogan participated in a business forum to strengthen relations between the two nations.

President Nicolas Maduro of Venezuela and Recept Tayyip Erdogan of Turkey held a business forum between the two nations Monday, in which the parties formalized the intention of investments totaling some 4.5 billion euros (US$5.1 billion).

The impetus for talks, in part, stems from U.S. sanctions intended to financially isolate Venezuela by limiting its access to dollar currency, which these business deals aim to ameliorate. "'We have laid the foundations for a very strong and dynamic relationship," said the Venezuelan president to his Turkish counterpart.

Maduro said that it is necessary to create bonds "so that a powerful economy can flourish. " The two nations have passed "from a nonexistent trade" relationship to one of billions of dollars.

"Venezuela at this time, with the application of the Economic Recovery Plan, is projected to be one of the countries of great international interest of and importance in areas such as oil, gas," said the Venezuelan president.

For his part, Erdogan described the presidential visit he made as historic and said he was honored by the invitation from the South American country. In addition, he thanked the hospitality of the Venezuelan people. "We have a lot of potentials to strengthen" various areas of the economy, said the president of Turkey.

 

Source: teleSUR TV

 

 

Tornado Relief

 

The Melbourne Branch

of the ACFS has

donated

AU$5000 to assist

with relief for victims

of the Jan 27th

Havana tornado

 

Link to article

about tornado

 

 

 

 

Newsletters

Jun 2019
May 2019
Apr 2019
Mar 2019
Feb 2019
Dec 2018
Nov 2018
Oct 2018
Sept 2018
Aug 2018
July 2018
June 2018
May 2018
 
 
Brigades
 
Brigade Web
2018/2019 Info
 
 
 

Other Sites

CUBA Solidarity UK

teleSUR TV

Prensa Latina

International Action Center

Granma.cu