Jordan, Venezuela sign four deals

TDT | Manama | Email : online@newsofbahrain.com 

Jordan and Venezuela agreed on Sunday to deepen bilateral cooperation across multiple sectors, signing four agreements and outlining further steps to expand economic and political ties built over more than seven decades, Deputy Prime Minister and Foreign Minister Ayman Safadi said.

Safadi said the long-standing relationship between Amman and Caracas offers “significant opportunities” for enhanced cooperation that would benefit both countries, following extensive talks with Venezuelan Foreign Minister Yván Gil.

The discussions focused on advancing practical measures to broaden ties and establish new frameworks for collaboration, including signing four memoranda of understanding covering agriculture, political consultations, diplomatic training, and the creation of a joint economic cooperation committee.

Safadi said the agreements mark an important step toward institutionalising bilateral engagement, including launching regular political consultations between the two governments.

Both sides are also working on additional accords covering the avoidance of double taxation, investment protection, and visa exemptions, aimed at creating a more conducive environment for cooperation in sectors such as agriculture, energy, investment, culture, and information technology.

The minister added that Jordan and Venezuela are exploring the establishment of a joint council bringing together private sector representatives from both countries to strengthen trade and investment links.

Safadi described the visit as the beginning of a broader phase of cooperation, stressing that there is “strong political will” on both sides to advance relations and achieve shared economic gains.

He also praised Venezuela’s support for the two-state solution, while noting that discussions included wider regional developments and ongoing efforts to restore stability and security.

Both ministers underscored the importance of coordinated international efforts to support regional peace initiatives and reinforce stability, according to Safadi.