Turkey and Venezuela to boost political and energy cooperation

 Turkey and Venezuela to boost political and energy cooperation

Turkey and Venezuela have agreed on strengthening cooperation, including in the energy sphere, the Venezuelan Foreign Minister Delcy Rodriguez said after a meeting with Turkish President Recep Tayyip Erdogan.

According to the foreign minister, Turkey and Venezuela have agreed to revive political consultations and have worked out a new model of cooperation in the energy sector, to encourage Turkish investment in Venezuela in exchange for the export of oil and other products from Venezuela to Turkey.

"We held a meeting with President Erdogan, expressed our willingness to relaunch our cooperative relations," Sputnik cited Rodriguez as saying.

Venezuela has been in a state of an economic emergency since January, with product shortages having become widespread in the country. Venezuela’s opposition has blamed President Nicolas Maduro for the economic crisis.

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