Lula meets with Venezuelan leader and discusses oil investment
Lula met with Delcy Rodríguez, the leader of Venezuela, in Turkey and discussed investments in the Venezuelan oil sector and trade.
TL;DR
- President Lula met with Venezuelan leader Delcy Rodríguez at COP31 in Turkey.
- Key topics included expanding Brazilian investments in Venezuela's oil sector and resuming bilateral trade negotiations.
- Both leaders agreed to fully restore high-level bilateral dialogue.
- A visit by Brazil's Minister of Mines and Energy to Caracas was arranged.
- Discussions also covered reviewing the ACE-69 trade agreement and tariffs on Brazilian car exports.
- The meeting occurred following the US government's increased influence in Venezuela and ongoing negotiations regarding institutional reforms and new elections.