Venezuela, Turkey agree to hold 5th Joint Cooperation Commission in November

Venezuela and Turkey have agreed to convene the 5th Joint Cooperation Commission meeting in November, Venezuelan Vice President Delcy Rodríguez announced. The meeting, set to take place in Venezuela, will focus on deepening bilateral cooperation between the two nations. Rodríguez also mentioned that Turkey plans to bring companies to an international fair to be held concurrently.

During a meeting with Turkish President Recep Tayyip Erdoğan, Rodríguez stated that discussions covered trade, mining, air transport, agro-industry, and oil. The Turkish Presidency confirmed that both leaders evaluated strategies to increase their bilateral trade volume significantly, aiming to raise it from the current $448 million to $3 billion.

Erdoğan hosted Rodríguez at the Dolmabahçe Palace in Istanbul. The Turkish President assured Rodríguez that Turkey would "always stand by the Venezuelan people" and emphasized boosting cooperation in trade, energy, and mining, according to a statement from the Turkish Presidency.

Currently, bilateral trade stands at $448 million, with Turkey importing $251 million worth of goods from Venezuela and exporting $197 million to the South American nation in 2025. Rodríguez arrived in Turkey after a five-day visit to India, which focused on resuming Venezuelan crude oil purchases by India.