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Xi announces in meeting with Maduro the strengthening of ties between China and Venezuela

The Chinese president Xi Jinping announced this Wednesday in a meeting with his counterpart Nicolas Maduro in Beijing strengthening relationships with Venezuelawhich will be raised to their maximum level.

I am very happy to announce with you the elevation of relations between China and Venezuela at a level of strategic partnership for all times“, said Xi according to images broadcast on state television.

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This is the highest level of Chinese diplomatic relations. Only a handful of countries (Pakistan, Russia, Belarus) have this deal.

China maintains close relations with the government of Ripeinternationally isolated, and is one of the main creditors of Venezuelawhose GDP fell 80% in a decade due to the effect of the economic crisis.

China “as always, will strongly support the efforts of Venezuela to safeguard national sovereignty, national dignity and social stability, and will firmly support the just cause of Venezuela to oppose foreign interference.”said Xi to Maduro.

Leader southamericanmo 60 years old seeks support for the income of Venezuela to the BRICS (Brazil, Russia, India, China, South Africa), a group of emerging economies that held its most recent summit in August in Johannesburg, where it announced an expansion to six new countries, including Argentina.

We could catalog the group of BRICS expanded as the great engine for accelerating the process of birth of a new world, a world of cooperation where the Global South has a voice primordial“, held Ripe in an interview with the Chinese state agency Xinhua published on Saturday.

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Sanctions

Maduro was received with his delegation at the People’s Palace, the monumental building where it is customary to welcome foreign dignitaries next to the Square of Tiananmen.

The Venezuelan president arrived at Beijing Tuesday after a tour of Shanghai and other Chinese cities.

His journey began last Friday in Shenzhen and will conclude on Thursday.

The visit is a reaffirmation of the “friendship” that took hold in the era of the late former president Hugo Chavez (1999-2013), who found in China one of his main allies along with Russia, Türkiye and Iran.

Maduro visited Beijing for the last time in 2018 – his tenth trip to China-, an occasion in which he praised the vision of Xi of a “common destiny for humanity.”

Xi for his part he visited Venezuela in 2014.

China lent some $50 billion to Venezuelamember of the OPECin the 2010s.

Venezuela It has been paying off the debt with shipments of oil, of which it has some of the largest reserves in the world.

In 2018, the year in which Ripe won elections that were not recognized by a large part of the international community due to alleged irregularities, the debt amounted to 20 billion dollars.

In 2019, Washington and part of the international community recognized Juan Guaidó, leader of the opposition and who proclaimed himself interim president. The US president at the time, Donald Trump, imposed numerous sanctions on Caracas.

The Venezuelan opposition put an end to this interim presidency in January, believing that it had not met its objectives for political change.

The current Democratic government of Joe Bidenwho succeeded Trump, maintains that he does not recognize Ripe as president and continues with the majority of sanctions.

Source: Elcomercio

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