Maduro Thanks Russia and China for Help in Restructuring Economy

Presidents of Russia and Venezuela meet in Moscow

Caracas, 27 July 2019 (TASS)

Venezuelan President Nicolas Maduro has expressed gratitude to specialists from Russia, China, India and Turkey for assisting in developing and restructuring the Latin American country’s economy.

“I thank for all the assistance provided to us by China, for advice from experts who help us implement our economic program. I thank Russian experts who maintain a dialogue and consultations with us. I also thank experts from India, Turkey,” Maduro said in a speech broadcast on Periscope.

He noted that Venezuela started to restructure its economy to remove dependence on oil revenues. “We had a deformed economic model, and it put us in a dependent position,” he added.

Venezuela will not focus on developing agricultural and indutrial sectors, he said. “We will produce everything we need by ourselves,” Maduro concluded.

July 28, 2019 / China, Current Affairs

About the Author

M Ashraf Siddiqui

Editor and publisher Ashraf Siddiqui is a well known Qatar based journalist and a social worker. He has been in Arabian Gulf Peninsula over 4 decades and enjoys rich knowledge on Middle East affairs

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