World News

Putin voices support for Venezuelan leader visiting Russia

Putin voices support for Venezuelan leader visiting Russia

According to Maduro, he was planning to hold "a very intense and very important meeting" with Putin later on Tuesday.

"Wider Russian-Venezuelan talks will follow", TASS cited him as saying.

"It is very petty to try to use an illegal sanction to prevent Venezuela from selling its gold to the world", Maduro said during a joint press conference later on Monday with Erdogan, who also visited Paraguay after attending the Group of 20 summit in Argentina last weekend.

Russian Federation is a major political ally of Venezuela, and Russia's largest oil company, Rosneft, is heavily invested in the South American nation's oil fields, which produce less crude each month.

Earlier this year, Maduro drew the ire of critics during a stop-over in Turkey, when he dined at an exclusive steakhouse in Istanbul.

Maduro brought to the meeting his two most powerful Cabinet members: Hezbollah-linked Economic Minister (and former Vice President) Tareck El Aissami and Defense Minister Vladimir Padrino Lopez.

"The talks will focus on the help which the Venezuelan leadership needs", Peskov told reporters, declining to be more specific.

More news: Grace Millane: Police Search For British Tourist Missing in New Zealand

"We do not interfere in the trade of the USA or other countries, nobody should interfere with our commercial and economic activities", he said, stressing that the South American country would continue to legally export its gold resources.

The Venezuelan government has been facing a series of United States embargoes targeting its economy and the country's officials since 2014, under the pretext of alleged human rights abuses and threats to USA national security.

Nearly two million Venezuelans have fled the ailing oil-rich nation, driven out by acute food and medicine shortages, and violent crimes. The International Monetary Fund projects hyperinflation of 10 million percent next year.

He was visiting Moscow after hosting his Turkish counterpart Recep Tayyip Erdogan in Caracas.

Venezuelan President Nicolas Maduro has arrived in Russian Federation, looking for support amid a spiraling economic crisis.

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


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