Wednesday, 12 December, 2018

Venezuelan president arrives in Moscow seeking support

Venezuela's President Nicolas Maduro gives a thumbs up next to Turkey's President Recep Tayyip Erdogan after a joint press conference at Miraflores presidential palace in Caracas Venezuela Monday Dec. 3 2018. Recep Tayyip Erdogan is on a one Turkey’s Erdogan Praises Venezuela’s Maduro for Fighting ‘Islamophobia’ AP
Kenny Thornton | 08 December, 2018, 21:55

"Turkish investors will continue to develop and strengthen trade and the progress in oil production and refineries, petrochemicals for gold production, in diamonds, coltan, iron aluminum and tourism", said the Venezuelan president. One of the reasons for the attack was "Venezuela's strong support for Palestine".

That marks a dramatic increase in trade between the two countries, which totaled just $84 million in 2016, officials said.

The United States and the European Union have imposed sanctions on the Venezuelan régime and more than 50 of its officials for alleged acts of corruption and human rights violations. The main item between the two countries is gold marketing.

The Turkish leader also condemned the economic sanctions that Maduro faces since 2017.

"Whatever Venezuela produces, it has a right to sell in the world", Maduro said.

Erdogan reiterated that he is the first Turkish president to visit Venezuela.

In the framework of Erdogan's visit, Venezuela and Turkey signed a series of cooperation agreements on energy, mining, and commercial and maritime transport.

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Both leaders are battling financial crises and have clashed with the USA in recent months.

The Venezuelan government has been facing a series of United States embargoes targeting its economy and the country's officials since 2014, under the pretext of alleged human rights abuses and threats to USA national security.

Following his talks with Erdogan, Maduro headed to Moscow for talks with Russian President Vladimir Putin, slated for Wednesday, according to the Kremlin.

Maduro has repeatedly blamed a US-led economic war for the crisis, saying Washington is plotting to topple his government.

Earlier, Erdogan laid a wreath at the tomb of Venezuela's founding father Simon Bolivar, and Maduro also presented him with a replica of the revolutionary leader's sword. Ties between Turkey and the United States, two North Atlantic Treaty Organisation allies, have also been strained.

"Political problems can not be resolved by punishing an entire nation", Erdogan said, with Maduro by his side at a forum attended by business people from both countries.

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