Venezuela and China Expand Energy and Financial Cooperation

Delcy Rodriguez (L) and Zheng Shanjie (R), Dec. 5, 2024. Photo: Venezuelan Vice Presidency.,


December 5, 2024 Hour: 2:05 pm

‘The new agreement will allow us to activate our cooperation at a more efficient level and expand our horizons,’ Rodriguez said.

On Thursday, Venezuelan Vice President Delcy Rodriguez held a meeting with the president of China’s National Development and Reform Commission, Zheng Shanjie, during which they signed an agreement outlining a new energy and financial pathway between the two countries.

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“The new agreement will allow us to activate our cooperation at a more efficient level and expand our horizons in areas of work to overcome common challenges,” Rodriguez said from the Great Hall of the People in Beijing, where she also met with Chinese Vice President Han Zheng.

During the meeting, both parties reviewed the work plan established following Venezuelan President Nicolas Maduro’s visit to China in 2023.

“We began with an extraordinary meeting with the president of the National Development and Reform Commission of China, our friend Zheng Shanjie. We reviewed our cooperation agenda, which had been expanded during the September 2023 visit,” Rodriguez said.

“Since that visit, the ‘all-weather, all-round strategic relationship’ between President Maduro and President Xi Jinping has deepened,” she added.

In recent years, Chinese-Venezuelan cooperation has significantly increased, with energy and financial collaboration serving as the central axis from which other strategic sectors have emerged.

“We are part of a strong, united front of international cooperation to defend the United Nations Charter and strengthen the Global South. We reject hegemonism and neoliberalism, which threaten the sovereignty of nations,” Rodriguez concluded.

teleSUR/ JF Source: VTV