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Russia and Venezuelan sign investment agreements worth five billion euros

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During the visit of Venezuelan President Nicolás Maduro to Russia, both countries agreed on economic agreements worth five billion euros. This was announced by Maduro on Twitter. It is about investments in the oil sector.

In addition, both sides agreed to invest more than $ 1 billion in Venezuelan mining, mainly in gold mining. Maduro also announced that the country would import 600,000 tons of wheat from Russia.

Maduro has been in Moscow since Tuesday. The Venezuelan president met with Putin on Wednesday. There they discussed topics of strategic cooperation.

Russia and Venezuela have many joint projects in the fields of energy, agriculture, geology, pharmacy, technology and defense. The volume of Russian investment in Venezuela exceeds four billion dollars , according to the TASS news agency