19:05 GMT01 December 2020
Listen Live
    Get short URL

    MEXICO CITY (Sputnik) - Caracas has offered a number of proposals to Moscow regarding its potential participation in the country's gold mining projects, Russian Ambassador to Venezuela Vladimir Zaemsky told Sputnik on Wednesday.

    "In the context of Russia's participation in gold mining and other mining projects, I would like to note that the Venezuelan side has offered a number of interesting proposals, which are currently under consideration by interested Russian economic operators," Zaemsky said.

    According to Zaemsky, Caracas is especially interested in the joint development of solid minerals, including gold, diamonds, and columbite-tantalite.

    READ MORE: ‘Aggressive Powers' Want to Depose Venezuelan Government — Russian Ambassador

    The ambassador also added that the issue of Russian-Venezuelan cooperation on the GLONASS global navigation satellite system project was still being negotiated.

    He stressed that such an area of interaction "undoubtedly expands horizons of our cooperation."

    Back in November, the ambassador told Sputnik that Venezuelan Minister of Industry and National Production Tareck El Aissami had invited Russia to join the country’s gold mining projects. Concrete proposals were due to be prepared by Caracas by December 13.


    OPEC Touts Additional Measures to Support Oil Prices Amid Modest Rebound
    US Shale Oil Producers Reduce 2019 Investment Plans Amid Low Prices
    Maduro Defends Venezuela's Right to Export Gold Amid Looming US Sanctions
    gold mining, Venezuela, Russia
    Community standardsDiscussion