*Venezuela’s Vice President Delcy Rodríguez and China’s deputy trade minister Wang Shouwen have signed an agreement on the reciprocal promotion and protection of investments. Wang said that “this agreement will certainly provide a strong boost to investment relations,” adding that China will carry out its internal processes related to the deal “as soon as possible”. Rodríguez said that the agreement resulted from President Nicolás Maduro’s visit to China in September last year. No specific details on the deal were made public, although it comes as the Maduro administration is making a concerted effort to attract Chinese investment in Venezuela’s special economic zones (SEZs).
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LatinNews Daily - 23 May 2024
In brief: Venezuela inks investment agreement with China
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