Venezuela and China review bilateral economic and trade agreements –

Venezuela and China review bilateral economic and trade agreements –

The Vice President of Venezuela, Delcy Rodríguez, and the Minister of Foreign Affairs of China, Wang Yi, held a meeting in Beijing in which they reviewed bilateral issues and the promotion of economic and trade agreements between both nations.

Venezuela’s visit seeks to continue consolidating diplomatic relations between both nations, according to the Venezuelan Vice Presidency in a statement.

The Administration of Nicolás Maduro did not offer further details of what was agreed upon in this meeting, in which Rodríguez was accompanied by the Minister of Petroleum, Pedro Tellechea; the Venezuelan ambassador to China, Giuseppe Yoffreda; and the Vice Minister for Asia, the Middle East and Oceania, Tatiana Pugh; among other members of the delegation. But what is expected is that PDVSA will be able to sell a greater number of barrels of oil per day to the Asian giant.

During the visit to China, which began this Tuesday, a memorandum was signed between the China Satellite Oceanography Center, the Bolivarian Agency for Space Activities and the Venezuelan Institute of Scientific Research (IVIC) aimed at the specialized study of the environment, as well as understanding and generating “effective” responses to climate change.

In addition, both nations signed a memorandum of understanding in order to «establish broader cooperation in the processing and analysis of satellite images of various kinds«, reported this Thursday the Foreign Ministry of the Caribbean country.

As part of the agenda, Rodríguez met with the president of the New Development Bank of the BRICS group of emerging economies, Dilma Rousseff, to explore economic cooperation options.

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