Sunday, 16 December, 2018

Putin to hold talks with Maduro tomorrow

Turkey Venezuela making efforts to boost ties Erdogan Erdogan defies Trump, calls Maduro Bolivar
Melinda Barton | 08 December, 2018, 21:54

"I want my visit to be considered as a symbol of collaboration of the Turkish people with the people of Venezuela", said Erdogan.

Turkish President Recep Tayyip Erdogan Monday said in Caracas that his country could cover most of Venezuela's financial needs and the government of President Nicolás Maduro invited him to boost new Turkish investments in areas such as gold mining and tourism.

"It's been a very long, intense couple of days of work", Maduro said after meeting investors.

Peskov also denied reports suggesting that, in lieu of oil or gold, Russia could require Venezuela to allow Russian military assets to deploy within its borders.

"We know that the countries want to dominate and press, as they do with the rest of the world, and they have even threatened their lives and personal integrity", stated Erdogan.

Venezuela is home to the world's largest known oil reserves and boasts significant gold reserves that Maduro has now begun attempting to use to diversify the oil-centric economy.

The Turkish president added that his "friend" Maduro was facing "manipulative attacks from certain countries and acts of sabotage from economic assassins", in an apparent reference to the United States. "We have strong potentials in our economic relations with Venezuela", Erdogan said. In response, Erdogan said he was willing to strengthen trade ties. "It is a very wrong thing to do". "You cannot punish a whole people to resolve political disagreements", he explained.

The United States and some European nations have sanctioned Maduro's administration in an attempt to pressure Venezuela into making a return to democratic ways.

Maduro said Turkish businesses intend to invest some 4.5 billion euros in its OPEC partner.

"Political problems can not be resolved by punishing an entire nation", Erdogan said, with Maduro by his side at a forum attended by business people from both countries.

Massive inflation and a shortage of basic commodities such as foodstuffs and medicine have forced an estimated 2.3 million Venezuelans to immigrate to other South American countries.