Venezuela welcomes investment in energy, mining, agribusiness: official


CARACAS, May 26 (Xinhua) -- Venezuela is open to receiving "significant investment" in oil and other sectors, Venezuelan Vice President Delcy Rodriguez told the Eurasian Economic Forum on Thursday.

Venezuela "has a legislative framework adapted to attract investment in a safe and transparent manner," Rodriguez said in a teleconference speech, highlighting the country's energy and mining sectors.

Venezuela has the world's fourth-largest gold reserves and largest diamond reserves, in addition to iron and bauxite, she told investors from the Eurasian Economic Union (EAEU).

In agribusiness, the South American country offers investment opportunities in food industry items such as fruit, meat, cocoa and seafood, Rodriguez said.

The EAEU has helped chart new paths for economic cooperation and integration, she noted.

The First Eurasian Economic Forum opened Thursday in Bishkek, the capital of Kyrgyzstan, featuring 21 thematic sessions and a plenary session held via videoconference with the participation of EAEU heads of state and invited leaders.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In World

Argentine central bank tightens access to forex market for importers
U.S. strike in Syria targets 'senior' militant -U.S. military
Germany to return stolen Ngonnso' statue to Cameroon
Russia's Medvedev says any NATO encroachment on Crimea could lead to World War Three
French health minister recommends mask use in public transport
EU Council adopts regulation on gas storage
Worst of inflation over, says Brazil's Central Bank president
U.S. reports nearly 330,000 child COVID-19 cases in past 4 weeks
U.S.-listed Chinese firms trade mostly higher
U.S. stocks slip as comeback rally stalls

Others Also Read