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2d ago

Russia and Venezuela Forge Strategic Partnership with Focus on Energy and Arms Cooperation

Presidents Putin and Maduro sign a substantial agreement in Moscow, strengthening ties through energy collaboration, UN coordination, and opposition to Western sanctions.

Russian President Vladimir Putin attends a meeting with his Venezuelan counterpart Nicolas Maduro at the Kremlin in Moscow, Russia, May 7, 2025. Alexander Zemlianichenko/Pool via REUTERS
Russian President Vladimir Putin shakes hands with Venezuelan President Nicolas Maduro during a signing ceremony following their talks at the Kremlin in Moscow, Russia, May 7, 2025. REUTERS/Maxim Shemetov
Russian President Vladimir Putin attends a meeting with Venezuelan President Nicolas Maduro via video link at the Novo-Ogaryovo state residence outside Moscow, Russia March 14, 2025. Sputnik/Mikhail Metzel/Pool via REUTERS/File Photo

Overview

  • Vladimir Putin and Nicolas Maduro signed a strategic partnership treaty in Moscow, emphasizing energy, arms control, and multilateral cooperation.
  • The agreement includes joint initiatives within OPEC+ and the Gas Exporting Countries Forum to stabilize global energy markets and prevent unfair competition.
  • Russia and Venezuela will collaborate on exploring and developing new oil and gas fields, while expanding oil trading operations.
  • The treaty outlines closer coordination at the United Nations and joint opposition to unilateral sanctions imposed by Western nations.
  • This is the latest in a series of strategic alliances Russia has established since 2022, following similar agreements with China, North Korea, and Iran.