Turkish President Recep Tayyip Erdogan's visit to Venezuela marks a new chapter in the growing ties between the two nations. In this context, Erdogan and Venezuelan President Nicolás Maduro are expected to discuss wide-ranging bilateral cooperation, focusing on areas such as the economy, energy and defense. The Turkish politician's agenda in Caracas promises to be extensive, addressing both current projects and future cooperation plans.
From strengthening diplomatic ties to signing trade deals, Erdogan's visit is shaping up to be a milestone in Venezuela-Turkey relations. Both leaders are expected to seek to consolidate the strategic alliance and promote initiatives that benefit both parties. In addition, the meeting will serve as a platform to explore new investment and cooperation opportunities in key sectors.
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What will Recep Tayyip Erdogan and Nicolás Maduro discuss at their next meeting?
The meeting between Maduro and Erdogan is expected to focus on strengthening economic ties and exploring new avenues of cooperation. Issues such as investment in infrastructure, cooperation in the energy sector and possible defense agreements will be on the table. They are also likely to discuss geopolitical issues and look for ways to coordinate their policies in international forums.
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What has the alliance between Venezuela and Türkiye achieved so far?
The alliance between Venezuela and Turkey has made significant progress in recent years, reflected in a number of cooperation agreements and a significant increase in commercial exchanges. By strengthening these bilateral relations, the two countries have achieved important achievements in various areas.
Trade between both nations has witnessed a significant increase as it has quadrupled in the last three years. To date, Venezuela and Turkey have concluded more than 40 cooperation pacts, worth over $850 million in 2021. These agreements cover areas such as defense, air and maritime transport, trade, finance, education, tourism, agriculture, science and technology.
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What happened during Recep Tayyip Erdogan's last visit to Venezuela?
During his last visit, Erdogan cemented relations between the two countries by signing several agreements and reaffirming the commitment to strengthen bilateral ties. This meeting laid the foundation for future collaborations and joint projects and demonstrated mutual interest in a long-term alliance.
Which other Latin American countries have close relations with Türkiye?
Turkey has strengthened its relations with several Latin American countries and Colombia is one of its most important partners in the region. Diplomatic relations between the two nations were established more than six decades ago and have evolved significantly since then.
In this sense, Turkey opened its embassy in Bogota in 2010 and Colombia did the same in Ankara in 2011, representing a mutual commitment to deepen bilateral cooperation.