Caracas hosted the Russia-Venezuela Business meeting this Tuesday, which brought together more than 500 companies from both countries with the goal of strengthening cooperation in key sectors such as energy, finance, agriculture, technology, and artificial intelligence. The event took place amid a regional context marked by tensions with the United States.
Brussels has brought forward to 2027 the total ban on imports of Russian liquefied natural gas, sanctioned the “ghost fleet,” and imposed measures on 45 new companies for sanctions evasion.
High-ranking officials from Russia and Venezuela held bilateral consultations in Moscow to deepen the comprehensive strategic alliance between the two countries. Simultaneously, in Caracas, the National Assembly debated the Russia-Venezuela strategic partnership treaty, according to the agenda of the ordinary session this Thursday, amid heightened tensions with the United States.
Exxon Mobil held secret meetings this year with Rosneft, Russia’s largest energy company, to evaluate a potential return to the massive Sakhalin oil and gas project in the Russian Far East. According to sources cited by the Wall Street Journal, the plan would depend on a potential peace agreement in Ukraine and the easing of sanctions against Moscow.
Moscow and Caracas have taken a new step in strengthening their strategic relations by preparing to sign an agreement on the exchange of convicted persons—a measure that transcends judicial matters and is part of the growing political and diplomatic cooperation between both governments.
In Anchorage, Alaska, U.S. President Donald Trump and Russian President Vladimir Putin are meeting in a summit that, while officially focused on the war in Ukraine, carries multiple geopolitical, historical, and diplomatic dimensions. The meeting, from which Ukrainian President Volodymyr Zelensky was excluded, takes place amid international tensions and economic sanctions.
On August 8, a Venezuelan court authorized the extradition of Leonid Zakamaldin, a blogger and activist originally from Chelyabinsk, Russia, who is accused in his home country of treason and incitement to extremism. His defense team, which announced it will appeal the decision, has also begun procedures to request political asylum in Venezuela.
On the anniversary of the 2008 conflict between Russia and Georgia, marking 17 years since the brief but decisive war that transformed the geopolitics of the Caucasus, it is worth revising Venezuela’s role in this scenario. Since 2008, Caracas has maintained a clear stance aligned with Moscow, recognizing the independence of the republics of Abkhazia and South Ossetia and providing political support to Russia amid its tensions with the West.
A Russian state-owned company has completed the first phase of an ammunition factory in Venezuela, which will supply the country’s armed forces and security agencies.
Having met with the heads of state of several countries, he has already secured meetings with several of them, including official and informal encounters.
