translated from Spanish: Turkish President offers to meet needs of Venezuela

CARACAS (AP) – the Turkish President Recep Tayyip Erdogan said Monday that his country could cover part of the financial needs of Venezuela, which passes through a complex crisis, in addition to sanctions economic Washington.Erdogan, who makes his first official visit to the South American nation, did not specify how or with what mode you could help Venezuela, although the Government of President Nicolas Maduro invited him to boost Turkish investments in areas such as the gold mining and tourism. Venezuela’s main current economic relationship with Turkey is the marketing of gold.

“We are going to cover most of the needs of Venezuela. We have this strength, we have this opportunity,”said Erdogan, through an interpreter, during a meeting with entrepreneurs in the Venezuelan capital, where the President Nicolas Maduro was present.

In a later press conference, Maduro said that the sale of gold to Turkey is within the law and rejected the claim of the Government of Trump block the export business of gold of Venezuela and accusations over alleged illegal sales of that ore.” Venezuela and Turkey have sovereign, transparent economic relations. Gold is a component of that relationship, we will continue the activity of trading, sell gold with transparency and legality of our two countries. Nobody should get into that”, said the Venezuelan ruler. U.S. officials say that Maduro illegally exported 21 tonnes of gold to Turkey to avoid previous sanctions and try to rescue to a prostrate economy that once sustained with its enormous oil revenues.” “Venezuela which produces has the right to sell in the world”, added. Within the framework of the visit of Erdogan, Venezuela and Turkey signed a series of agreements of cooperation in the area of energy, mining, commercial and maritime transport with the aim of strengthening economic and commercial ties. One of the agreements formalized cooperation between State-owned companies Petroleos de Venezuela S.A. (PDVSA) and the Turkish Petroleum International Company, as well as an agreement to avoid double taxation and tax evasion. The Turkish ruler also condemned the economic sanctions facing mature from 2017.
“Trade restrictions and unilateral sanctions does not seem well. It is very wrong. These attempts even more going to deepen the instabilities… Not is it can punish an entire people to resolve political disagreements”, said Erdogan.

United States and the European Union have imposed sanctions on the Venezuelan Government and more than fifty officials from the South American country for alleged acts of corruption and human rights violations. Maduro said that during a round of business between Turkish and Venezuelan businessmen expressed interest to jointly invest over 4,500 million euros. Trade between the two countries reached $ 800 million in 2017, said the authorities. Mature Government signed a series of agreements with foreign companies to carry forward a great State mining project known as the “miner arch” of the Orinoco to the extraction of gold, diamonds, coltan and other minerals in 2016. Venezuela, burdened by hyperinflation, a severe shortage of basic products and a sharp recession, exported this year to Turkey some 700 million dollars in gold in the middle of the penalties faced by the Government of Maduro, as some media have reported.

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Original source in Spanish

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