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.