Venezuela to propose reactivation of cooperation among Arab, South American countries - MPPRE

Venezuela to propose reactivation of cooperation among Arab, South American countries

Initiatives aiming to the reactivation of cooperation mechanisms within the Summit of South American-Arab Countries (ASPA, Spanish acronym) will be proposed by Venezuela to implement projects in the financial, trade areas, announced President Nicolás Maduro.

The proposal will be presented in 2022 by the Venezuelan Foreign Ministry, whose primary goal is to “build ties that have been approved in the financial, monetary and trade areas, as well as investments and air connections.”

The Venezuelan president said that “Venezuela took on the presidency of the Summit of South American-Arab Countries a few years ago,” pointing out that there now exist conditions “to make a lot of things in the years to come.”

In an interview with Arab TV station Al Mayadeen, Maduro described the friendly relations with Arab countries as “extraordinary,” and he extended them an invitation to invest in Venezuela.

“Venezuela is the country of opportunities. We provide all the constitutional, legal guarantees for investments in oil, gas, petrochemistry, gold, diamond, iron, steel, aluminum and food production,” he explained.

Likewise, the Venezuelan president thanked Iran for its cooperation with Latin America and the Caribbean and its constant articulation to release information on social networks.

“We have to keep on bringing the Arab region, the Middle East, the Muslim world and Latin America and the Caribbean together. We need to work harder to team up spiritually, culturally, politically, be aware of what’s happening in each country, and learn from the struggles and life of each country,” said Maduro.

The Venezuelan head of State highlighted his government’s will to talk to Arab countries and reaffirmed the good diplomatic, political and cultural relations for the benefit of the peoples.