INSUBCONTINENT EXCLUSIVE:
Russia and Venezuela have deepened their alliance through 17 new bilateral agreements, marking a significant shift in global power dynamics
The partnership extends beyond mere diplomatic relations, encompassing oil production, military cooperation, and technological exchanges.The
alliance primarily centers on circumventing Western sanctions
role in this relationship
The countries have agreed to expand cooperation in oil production and gas field development
This partnership allows Venezuela to maintain oil exports despite Western sanctions, while Russia gains a strategic partner in the energy
sector.The agreements include significant military components
Russia has committed to providing Venezuela with advanced weapons, military equipment, and drone technology
capabilities.Venezuela and Russia Forge New Strategic Partnership: 17 Bilateral Agreements Signed
(Photo Internet reproduction)Venezuela and Russia Forge New Strategic Partnership: 17 Bilateral Agreements SignedThis partnership represents
a direct challenge to Western influence
shown signs of stabilization through these partnerships
Despite previous hyperinflation, the country achieved 15% growth in 2022
However, challenges persist, with inflation remaining among the highest globally.For Russia, Venezuela serves as a strategic foothold in
Moscow views this relationship as a counter to U.S
influence in Eastern Europe
The partnership allows both countries to maintain their political systems while resisting Western pressure for democratic reforms.This
alliance continues to reshape regional dynamics and challenges traditional Western influence in Latin America
Both countries view their partnership as essential for maintaining independence from Western economic and political systems.
