Venezuelan President Maduro proposes oil and gas field development rights transfer to BRICS nations.

Venezuelan President Maduro proposes transferring oil and gas field development rights to BRICS nations, stating they offer a large market opportunity for Venezuela's national producers. Maduro is also keen to participate in BRICS' multicurrency system and trade proposals, as Venezuela is close to joining the economic bloc. Maduro has been invited to attend the BRICS+ summit in October.

August 03, 2024
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