Russia is all for beginning a direct water transport hall with Venezuela as quickly as doable, stated Roman Frolenko, president of the Russian-Venezuelan Chamber of Commerce (Cavenru), in an interview with Sputnik.
“We want to [start the corridor] soon,” Frolenko responded in regards to the initiative’s timeline.
He added that final March 15, a videoconference was held with the Latin American companions.
They reaffirmed their curiosity in “working and cooperating” and “already presented plans of what they need.”
The work to create the hall, he continued, has been occurring for a very long time, and there are at present three doable routes from Puerto Cabello in Venezuela to the Russian cities of Sevastopol, St. Petersburg, or Novorossiysk.
Cavenru additionally expects that earlier than the start of the following northern summer time, a Russian-Venezuelan delivery firm will begin working, which, amongst different duties, will contribute to fixing Russia’s logistic and export issues, he stated.
“Currently, Latin America is interested in our grain, sunflower oil, and agricultural machinery supplies,” whereas Russia may import fish, seafood, and fruits, he added.
Regarding Venezuela’s connection to the Russian fee system MIR, Frolenko famous that it has accomplished lots of work, however in the meanwhile, a reciprocal fee system has not been created, and “the issue of customs agreements needs to be resolved.”
LOGISTICS
Trade between Russia and Latin American international locations might be boosted as soon as logistics issues are overcome, Frolenko stated.
“The only problem is logistics. Once fixed, products from Latin America will reach the markets” in Russia, Frolenko stated.
He emphasised that this is able to permit Russians to style all kinds of fish and identified that Russia wants Venezuelan beef as a lot because the Caribbean nation wants Russian pork.
He added that Russian producers wish to enhance sunflower oil exports to the Latin American nation.
The head of Cavenru additionally reported that Venezuela intends to extend espresso provides to the Eurasian nation, commenting that Venezuelan espresso, in distinction to Colombian espresso, “is not promoted” and is of “high quality.”
Last September, the then Foreign Minister of the Latin American state, Carlos Faría Tortosa, informed Sputnik that commerce between Caracas and Moscow had been sophisticated as a consequence of Western sanctions. Still, each international locations will discover methods to proceed cooperating.
With data from Sputnik