07:47 GMT +315 November 2019
Listen Live
    View of Caracas, Venezuela

    Russia, Venezuela Mulling Joint Projects: Diamonds Mining, Optical Cable

    CC0
    World
    Get short URL
    0 83
    Subscribe

    Venezuela and Russia are developing joint projects in several different spheres, Venezuelan Ambassador to Russia Carlos Rafael Faria Tortosa told Sputnik.

    MOSCOW (Sputnik) — Russia's VostokCoal company and Venezuelan Ministry of Environment and Natural Resources are discussing joint projects and will announce their plans in the coming weeks, Venezuelan Ambassador to Russia Carlos Rafael Faria Tortosa told Sputnik.

    "We know about Russia's great experience in mining diamond deposits. Russia also has a rich experience in mining gold. There have already been meetings with the Ministry of Environment and Natural Resources so that a group of specialists in geology could visit Venezuela and join this work… At the same time, there are companies that are now working with our Ministry of Environment and Natural Resources. These are concrete steps that in the coming weeks will be somehow fleshed out. There will be announcements about that," Tortosa said.

    Asked if the company in question was Alrosa, a Russian diamond mining group, the ambassador clarified that he meant VostokCoal.

    The ambassador explained that Venezuela was interested in developing the so-called Arco Minero (Mineral Arc), an area containing rich deposits of coal, diamonds, gold and coltan.

    Vostokugol was founded in 2012. Accroding to Alexander Isaev, the head of the company, VostokCoal is expecting to mine 15 million tonnes of coal this year and over 25 million tonnes in 2019.

    Moreover, Venezuela and Russia are developing a project to lay an optical cable between the two countries, Venezuelan Ambassador to Russia Carlos Rafael Faria Tortosa told Sputnik.

    He said that the states were discussing prospects for cooperation in the telecommunications sector.

    "Our vice-minister was here on a working visit. He met with his Russian counterpart. They considered in particular the technological platform with which Venezuela is working and those projects that exist in Russia so that they can be developed on the Latin American continent. There is our common ground. On its basis, some joint plans and projects are being developed. In particular, we are discussing the of laying a cable between two countries, this will be an optical channel," Tortosa said.

    In addition, the ambassador said that representatives of the two states discussed the issue of information security, as well as the fight against cyberterrorism. Tortosa also acknowledged Russia's strength in cybersecurity.

    Related:

    Russia to Start Exporting Wheat to Venezuela in August
    Russia's Rosneft Expects 5-Fold Rise of Oil Production in Venezuela Over Decade
    Russia 'Won't Allow Food Blackmail of Venezuela by Large Imperialist States'
    Venezuela's Deals With Russia to Remain in Place - Foreign Trade Minister
    Tags:
    cable, diamond, projects, ambassador, Alrosa, Russia, Venezuela
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik