Venezuelan President Nicolas Maduro said that Caracas and Moscow have entered into agreements for investments of $ 6 billion. Of this he I said in the video published on Twiitter.
"We have signed contracts to guarantee investments of over $ 5 billion with our Russian partners in joint ventures to increase oil production," said Maduro.
According to him, Venezuela will also receive $ 1 billion of investment in the mining industry. Basically, we are talking about gold mines, said Maduro.
On the eve of December 5, Maduro met Russian President Vladimir Putin. "I am confident that the result of this meeting will be good news for the cooperation between our countries and for the economies of our countries," said the head of Venezuela.
At the end of October, Maduro said that his country was counting on economic assistance from Russia. It was also reported that Venezuela invited specialists from the Russian Ministry of Finance to help in the economic crisis. According to IMF forecasts, by the end of the year inflation in Venezuela will reach 1 million percent.