Venezuela signs six agreements for agricultural development with Russia

As a result of the negotiations of the 14th High Level Intergovernmental Commission (Cyan) Russia-Venezuela, several bilateral cooperation agreements were signed, six of which are aimed at the agricultural development of the Bolivarian country.

In that meeting held from April 01 to 05 in Moscow, participated members of the economic cabinet led by the Sectoral Vice President of Economy, Tareck El Aissami.

The People’s Power Minister of Productive Agriculture and Lands, Wilmar Castro Soteldo, stressed that the agreements point to the nation’s agri-food independence.

The Venezuelan official detailed the agreements that are listed below:

1.- Exchange of goods, services and inputs, including wheat, expansion of inputs in some seeds that are not produced in the country, such as sunflower and NPK fertilizers.

2.- Advance in the fulfillment of the necessary phytosanitary and zoosanitary protocols in agricultural matters, to facilitate the exchange of products of animal and vegetable origin to finalize the agreements.

3.- Overcoming logistical aspects that, as a consequence of the economic blockade imposed by the government of the United States have hindered access to transportation, storage and stockpiling, progress for more expeditious access.

4.- Inclusion of fisheries in binational agreements: there is a potential to exchange experiences and ensure that this source of protein reaches both peoples.

5.- Investment in 11 large projects in Venezuela for the production of raw materials and agro-industrial processing. 70 Russian companies showed interest in investing in these areas.

6.- Support in technological matters. They achieved technological support in education, research and development and technological improvement to achieve greater efficiency and production performance.

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