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Belarus-Venezuela cooperation in the energy industry is mutually beneficial

Belarus and Venezuela maintain mutually beneficial cooperation in energy industry, Ambassador Extraordinary and Plenipotentiary of Venezuela to Belarus Americo Diaz Nunez told a news briefing in Minsk, BelTA has learned.

“Cooperation in energy industry is beneficial for both countries. Belarus diversifies energy supplies, strengthening its energy independence. Along with a reliable partner and favorable trade conditions the country gets high-quality oil, which is much more profitable to process. Venezuela, in turn, reaches into new European markets, which were not included in the supply routes of the country earlier,” Americo Diaz Nunez is convinced.

He also stressed that Belarus buys oil at market prices and pays on time. The Ambassador said that there were other mutually beneficial things. “Representatives of the governments of Belarus and Venezuela have stated that both countries get profits,” added Americo Diaz Nunez.

According to the diplomat, Belarusian-Venezuelan relations can be considered strategic when they meet a number of basic requirements. “Firstly, the relations should be long-term. Secondly, these relations should be comprehensive, embracing the main aspects of economic, political, cultural and social lives of the countries. The relations are also crucial to achieving top-priority goals of the two countries. In this case Belarus and Venezuela focus on securing national independence. Presidents Hugo Chavez and Alexander Lukashenko always mention it in their statements,” Americo Diaz Nunez said.

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