Contents tagged with Venezuela

  • Venezuela pays off Russian debts using rubles instead of dollars

    Venezuela has made an interest payment on a $3.15 billion loan from Russia using Russian rubles. “We provide such a right and such an opportunity to all our debtors. It’s their choice,” Russian Deputy Finance Minister Sergey Storchak told RBC. The Russian Finance Ministry had already announced previously that Venezuela had made another tranche to service its debt, but without providing any specifics.

    After the US imposed sanctions on the Venezuelan government, it became virtually impossible …

  • Russian military experts arrive in Venezuela

    A group of Russian military experts arrived in the capital of Venezuela, Caracas, reports Interfax. Military experts flew to Venezuela for planned maintenance and repair of military equipment that was delivered earlier as part of military-technical cooperation of the two countries.

    Earlier, Flightradar24 air traffic monitoring service reported that Russian Il-62M aircraft landed in Caracas. According to these reports, Antonov An-124 Ruslan aircraft also arrived in Venezuela. Both planes …

  • Putin promises Maduro support and assistance

    Russian President Vladimir Putin assured his Venezuelan counterpart Nicolas Maduro of Moscow’s full support in the struggle for power in Venezuela, and promised him continued assistance.

    “Russia consistently supports all of Venezuela’s legitimate organs of government, including the institution of the president and parliament,” Putin said during the meeting with Maduro in Moscow, as cited by Deutsche Welle. He also expressed his support for dialog between Maduro and Venezuelan opposition leader …

  • Maduro asks Putin for $1 billion to mine gold and diamonds

    Venezuelan President Nicolas Maduro, who arrived in Moscow on his fourth official visit in two years, said that he sees opportunities to increase Russian investment in the Venezuelan economy by another $1 billion.

    This amount, according to TASS, appears in the supporting materials for Maduro's talks with Russian President Vladimir Putin, which are taking place in the Kremlin.

    According to the documents, additional Russian investments can be directed to the development of the mining industry …

  • Maduro announces arrival in ‘Russian motherland’

    Venezuelan President Nicolas Maduro announced in a tweet on Tuesday that he has arrived in Russia.

    “We have arrived in the Russian motherland in order to strengthen our historic and extremely positive relations and the respect between our nations,” he wrote on Twitter, publishing a photograph from the airport.

    He said that the fraternal relations that Moscow and Caracas have built over the years “are the fundamental axis for building a flourishing future for Venezuela”.

    Previously the …

  • Maduro turns to Putin following China’s refusal to buy Venezuelan oil

    Venezuelan President Nicolas Maduro plans to make another trip to Russia, announced Kremlin Spokesperson Dmitry Peskov on Friday.

    According to Peskov, the visit is currently being planned.

    Peskov did not specify when the visit would take place, but he did note that Maduro would not be participating in the Russian Energy Week, which will be held from October 2-5.

    The visit will take place “quite soon”, most likely in the first few days of October, three informed sources told the Interfax news …

  • Guaido speaks out against the presence of Russian warships in Venezuela

    Leader of Venezuela's National Assembly Juan Guaido spoke out against the possible presence of Russian warships in the Venezuelan territorial waters.

    "We did not approve the presence of Russian warships in the country, as it would be a serious violation of the country's sovereignty," said the leader of the opposition on the Union Radio.

    Guaido also believes that the current Venezuelan government is trying to demonstrate that it has international support by inviting foreign warships to the …

  • Belarus and Venezuela owe Russia $11 billion

    Belarus, Ukraine and Venezuela are the countries that owe Russia the most through government loans, according to an estimate by RBC based on open information.

    Traditionally, Russia does not disclose information about loans issued to other governments. Their existence becomes known if Russia signs an international agreement which is later ratified by the State Duma. In such cases, Russian MPs talk about the loans, or the borrowing state discloses information about them.

    According to RBC, …

  • Russia to establish naval base in Venezuela

    The Russian and Venezuelan defense ministries have agreed to expand the cooperation between their navies.

    At a meeting in Moscow on Thursday, Russian Defense Minister Sergey Shoygu and his Venezuelan counterpart Vladimir Podrino Lopez signed an agreement to allow visits by military vessels.

    As part of the agreement, the Venezuelan ports will be opened to the Russian Navy, effectively enabling Russia to acquire a naval base in Latin America.

    Since December 2017, Russia has had a similar …

  • Russia refuses to participate in conference on Venezuelan conflict

    Russia decided not to participate in the international conference on the ongoing crisis in Venezuela on August 6 in Lima.

    Russian Ministry of Foreign Affairs explained that the Ministry has studied the purpose of the conference "in support of democracy" and considered it inappropriate. According to Moscow, the dialogue does not make sense without representatives of the government of Nicolás Maduro.

    "It is unlikely that 100 delegations with different views will be able to agree on measures of …