Contents tagged with Venezuela

  • Venezuelan Foreign Ministry announces Maduro's visit to Russia

    Venezuelan President Nicolás Maduro will make an official visit to Russia soon, reports the press service of the Ministry of Foreign Affairs of Venezuela on Twitter.

    "Soon the President Nicolás Maduro will sign new agreements in Russia for the benefit of the people," the report said.

    At the same time, the Venezuelan Foreign Ministry did not specify the dates of Maduro's visit to Russia, and also did not specify what agreements are mentioned.

    Commenting on this information, the Press …

  • Kremlin demands tax concessions for Rosneft in Venezuela

    Russian Prime Minister Dmitry Medvedev has approved a proposal drafted by the Ministry of Energy to make amendments to the Russian-Venezuelan agreement to cooperate in several joint strategic projects. The Prime Minister advised the president to authorize the signing of the document. The text of the proposal was published on Russia’s legal information portal.

    The document proposes to add a provision on Moscow’s and Caracas’s obligation to create “favorable and undiscriminating conditions” and …

  • Russia has no plans to withdraw its military experts from Venezuela

    The Wall Street Journal greatly exaggerated the number of Rostec staff present in Venezuela, reported RBC news agency with reference to the press service of the Russian defense conglomarte.

    “The make-up of the representative office has not changed in years,” the press service emphasized.

    The Rostec representative added that some technical experts periodically arrive in the country to repair and maintain equipment. A few days ago, maintenance work was carried out on several aircraft, according …

  • Maduro promises to bring 4G to Venezuela with Russia’s help

    President Nicolás Maduro during his speech at the exhibition of innovations and technologies of the National Bolivarian Armed Forces said that Venezuela wants to increase country's telecommunications capabilities and create a 4G communication system with the help of Russian and Chinese technologies, reports Venezolana de Television TV channel.

    Maduro  stated that the National Corporation for telecommunications and postal services was established. It will be headed by Jorge Marquez who is the …

  • Russia decided to feed Maduro’s army

    After supplying the Maduro regime with military equipment and a contingent of one hundred soldiers, Russia has now begun to provide food for the Venezuelan army, which remains the only thing keeping Nicolas Maduro in power.

    A high-ranking source in the Russian Defense Ministry informed TASS that the Venezuelan Armed Forces would be receiving more than 16,000 field rations from Russia.

    On Thursday, Rosoboronexport, the Russian state defense export agency, posted information on the procurement …

  • Russian oil giant Rosneft claims US approved oil deliveries from Venezuela to India

    Since the Venezuelan oil that Rosneft has been sending to factories in India was bought with prepaid contracts, the US State Department gave approval for these shipments, said Vice President of the Russian company Didier Casimiro as quoted by RBC news agency. 

    “We are allowed to use Venezuelan oil because the Venezuelan oil that we supply to refineries in India is under Rosneft’s prepaid contracts. Therefore, the US State Department gave its consent,” Casimiro said.

    He also added that the …

  • Kremlin: Russia does not intend to increase the number of its military in Venezuela

    The Russia does not plan to increase the number of military specialists in Venezuela, said Deputy Prime Minister Yuri Borisov as quoted by RIA Novosti.

    "We did not even think about it," Borisov stated.

    In March, the spokesperson of the Russian Foreign Ministry Maria Zakharova said that the presence of Russian specialists in Venezuela is regulated by an agreement between the countries on military-technical cooperation.

    In April, US Secretary of State Mike Pompeo said that Washington is ready …

  • Lavrov after talks with Pompeo: US does not want war in Venezuela

    After meeting with US Secretary of State Mike Pompeo on Monday 6 May, Russian Foreign Minister Sergey Lavrov told reporters that no one in the world wants the Venezuelan crisis to end in war. However, he believes that any US military operation in the Latin American country could have catastrophic consequences.

    “From my contact with American and other colleagues – European and Latin American – I do not see any proponents of a reckless military solution. I hope that this understanding which we …

  • Maduro asks Russia for more soldiers and protection from sanctions

    The contingent of Russian soldiers in Venezuela may be enlarged, Venezuelan Foreign Minister Jorge Arreaza announced on Monday after a visit to Moscow where he met with Russian Foreign Minister Sergey Lavrov.

    Arreaza said that, in addition to military support, Caracas is counting on Russia’s support to overcome the US financial sanctions that have cut off the Nicolas Maduro regime from a significant portion of its oil dollars.

    “We hope that with Russia’s support we will be able to establish …

  • Venezuelans transfer $300 million to Russian banks

    The amount held by Venezuelan entities in Russian banks grew by 29% to $1.16 billion in the fourth quarter of 2018, according to statistics from the Bank of Russia. Venezuelan companies and individuals transferred $337 million to Russian credit organizations over the three month period.

    This increase could be the result of Venezuelans transferring funds from American banks due to the risk of sanctions, observes analyst Dmitry Monastyrshin from Promsvyazbank. “It could be legal entities or …