The bilateral ties between Türkiye and Venezuela are excellent and the shut cooperation has been constructed on strong foundations, Trade Minister Mehmet Muş stated Tuesday. He was within the Venezuelan capital, Caracas, to attend the inauguration of the Türkiye-Venezuela Trade Delegation and B2B Meetings with business representatives within the Latin American nation.
In his speech on the opening session, Muş thanked the Turkish Exporters Assembly (TIM) and Venezuelan authorities for his or her contribution to the event of mutual industrial relations and the group of the business discussion board.
Reiterating that they have a good time the 73rd anniversary of the institution of diplomatic relations with Venezuela, Muş stated, “The deep-rooted relations we have with friendly and brotherly Venezuela indicate that our close cooperation today is built on solid foundations.”
Stating that six essential agreements have been signed between the 2 nations, Muş stated, “Many mutual official visits have been made under the leadership of our presidents, and as a result of these efforts, relations between the two countries have moved to a different dimension.”
Last April, the third assembly of the Türkiye-Venezuela Joint Cooperation Commission was held. Muş stated that cooperation was established in lots of fields from commerce to tourism, agriculture and well being.
He additionally added that the unilateral sanctions imposed on Venezuela had been unfair and that such sanctions have an effect on the Venezuelan folks in a particularly unfavorable method. “This also harms third countries and free trade. Our country will stand by Venezuela as it has before,” he stated.
Muş said that Türkiye hopes that contact between the U.S. and Venezuela, which began final yr, will result in the normalization of relations between the 2 nations and the elimination of unfair sanctions that had been imposed by Washington.
Bilateral commerce
The minister went on to say that Türkiye, which believes in international duties and thinks that wealth ought to be shared extra pretty, is taking decisive steps to enhance its relations with Latin America and the Caribbean area. “We are taking concrete steps in relations with Venezuela. We are also taking steps to draw the legal framework of our economic relations with mutual encouragement of investments,” he stated.
The mutual commerce, which stood at $152 million in 2019, reached roughly $1.1 billion final yr, the minister knowledgeable.
Noting that greater than 500 corporations established industrial relations with Venezuela in 2022, Muş stated: “Our nation has risen to the rank of second in 2021 within the nations to which Venezuela exports essentially the most. Despite difficulties attributable to unilateral sanctions, the pandemic and international issues, we achieved this. We will improve our bilateral commerce quantity within the quick time period according to the goal set by our president, which is $3 billion to $5 billion within the medium time period.”
“We connect significance to diversifying our industrial relations in all areas of the financial system, from agriculture to tourism, vitality and logistics,” he added.
