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    Venezuela's Finance Minister Simon Zerpa and Turkish Finance Minister Nihat Zeybekci. | Photo: @ZeybekciNihat

The ministerial meeting follows Venezuelan President Nicolas Maduro's official visit to Turkey in October.

Venezuela's Minister of Economy Simon Zerpa met with his Turkish counterpart Nihat Zeybekci in the city of Ankara with the aim of advancing projects under the Agreement of Economic and Commercial Cooperation, which was signed in October seeking to expand commercial projects between Venezuela and Turkey.

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Zerpa and Zeybekci reviewed the main issues on the binational agenda, which included issues related to energy and oil, mining and financial cooperation. Likewise, both countries intend to sign a Commercial Development Agreement that will lay the foundations for a broad, long-term economic complementarity relationship.

In addition, Zerpa informed his Turkish colleague about the initial stages of re-negotiating Venezuela's external debt, a process headed by a presidential high commission.

In this regard, Zeybekci expressed the Turkish government's desire to become "the main provider of goods and services for Venezuela,” advocating a long-term friendship based on respect for the South American country's freedom and sovereignty. He added that his team will follow-up on the meeting in January when his team will travel to the “land of the Liberator Simon Bolivar with the firm conviction that the relationship between Turkey and Venezuela will reach the highest level in relation to their common interests.”

The ministerial meeting follows Venezuelan President Nicolas Maduro's official visit to Turkey when he met with his counterpart, Recep Recep Tayyip Erdogan.

A binational commission has been scheduled for Jan. 2018 in Caracas where officials from the partnering countries will sit down to hash out details that will diversify trade and economic cooperation in areas such as agriculture, energy, fisheries, health, industry, construction, tourism, science and technology.

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