Advertisment

Belarus and Venezuela Solidify Partnership with Enhanced Cooperation in Transportation

author-image
Hadeel Hashem
New Update
Belarus and Venezuela Solidify Partnership with Enhanced Cooperation in Transportation

In a move to bolster economic ties and bilateral relations, Belarus and Venezuela have agreed to ramp up cooperation in the transportation sector. The initiative, which seeks to leverage each country's strengths and experiences, will focus on infrastructure enhancement, transport services development, and technology and expertise exchange.

Advertisment

Belarus-Venezuela: A Strengthening Bond

The Deputy Prime Minister of Belarus, Piotr Parkhomchik, suggested launching a direct air service with Venezuela during a plenary session of the Belarusian-Venezuelan joint commission on trade and economic cooperation in Minsk on 28 November. This proposal comes as an important move under the current geopolitical situation where Western sanctions pose a significant challenge. Establishing efficient transport links, therefore, is seen as vital for the two nations.

Belarus views a wealth of opportunities in collaborating with Venezuela across sectors such as forestry, timber and mining industries, healthcare, pharmaceuticals, science and technology, tourism, and education. The Belarusian Deputy PM emphasized the need for a medium to long-term development strategy and not limiting the cooperation to current projects.

Advertisment

Resumption of Operations and New Endeavors

One of the primary topics in the bilateral cooperation discussion is the fast resumption of vehicle assembly enterprises in Venezuela. This includes factories that assemble tractors and trucks. The possibility of resuming civil engineering projects is also being considered, given that affordable housing construction is a priority in Venezuela's social policy.

Belarus expressed its readiness to consider resuming deliveries of potash fertilizers and other fertilizers to Venezuela to meet the agricultural needs of Venezuela and neighboring countries in the region.

Looking Ahead: A New Stage of Brotherhood

In a meeting of the Belarusian-Venezuelan Subcommittee on transportation, the potential of cooperation between the two nations was appraised to bolster mutual development. Both Belarus and Venezuela are eager to usher in a new stage of brotherhood, exchange, and collaboration. They aim to construct a 10-year roadmap and broaden cooperation ties in strategic sectors such as: transportation, oil and petrochemicals, industry, forestry, mining, agriculture and food, housing, tourism, health and pharmaceuticals, and education.

Advertisment
Advertisment