/ / News

Belarus-Venezuela projects are mutually beneficial, Semashko says

MINSK, 6 July (BelTA) - Belarus and Venezuela projects are mutually beneficial, First Vice Premier of Belarus Vladimir Semashko said in a ceremony on the occasion of the Independence Day of Venezuela on 5 July.

Vladimir Semashko noted that all projects are equally beneficial for both Belarus and Venezuela. Belarus strictly honors all the agreements reached.

Vladimir Semashko stressed that the June visit of President of Belarus Alexander Lukashenko to Venezuela became an important new stage in the development of Belarusian-Venezuelan cooperation. During the highest-level meetings and talks, the sides took stock of bilateral cooperation and identified new opportunities for cooperation.

Vladimir Semashko noted that in a very short time Belarus and Venezuela managed to establish close contacts that are increasingly vibrant in all areas. For example, for the past six years the mutual trade increased more than 200 times to reach $1.3 billion last year.

“We are interested to open new markets for our products with the help of Venezuela,” Vladimir Semashko added.

The official visit of Alexander Lukashenko to Venezuela in June this year was the third one. Before that he visited Caracas in 2007 and 2010. Hugo Chavez visited Belarus 5 times – in 2006, 2007, 2008, 2009 and 2010.

According to Vladimir Semashko, the exchange of the highest-level visits is the basis for the development of Belarusian-Venezuelan cooperation.