Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.

Russian-Venezuelan trade to increase $300m per month excluding oil

  • By Al Mayadeen English
  • Source: Agencies
  • 7 Apr 2023 11:59
  • 1 Shares
2 Min Read

This ensues amid plans to establish a direct transport corridor in the near future, with potential route options from three Russian ports — Sevastopol, St. Petersburg, and Novorossiysk.

  • x
  • Russian President Vladimir Putin shakes hands with Venezuelan President Nicolas Maduro during a meeting at the Kremlin in Moscow, Russia September 25, 2019 (Reuters)
    Russian President Vladimir Putin (R) with Venezuelan President Nicolas Maduro(L)  at the Kremlin in Moscow, Russia on September 25, 2019 (Reuters)

Head of the Russian-Venezuelan Chamber of Commerce, Roman Frolenko, told Sputnik that a $300 million per month increase is predicted as a result of trade between Russia and Venezuela and that amount excludes oil sales.

This follows plans to establish a direct transport corridor shortly, with potential route options from three Russian ports — Sevastopol, St. Petersburg, and Novorossiysk.    

Read next: Venezuela could create Russia, China-allied regional bloc

When asked how the future corridor can contribute to trade turnover, Frolenko replied: "We calculated that trade could be somewhere in the range of $300 million per month, this is without oil,"

Related News

Venezuela welcomes the use of the ruble to attract Russian tourists

Venezuela demands lift of sanctions against Iran, Cuba, Russia at UNGA

Russian Deputy Prime Minister Alexander Novak assured in December that Russia is interested in upping oil production at operating projects in Venezuela. In turn, the latter is in favor of continuing Russian companies' work in Venezuela, adding that oil and gas companies around the world -- Europe, America, Russia -- worked in the country before the sanctions imposed on Venezuela, noting that everyone, except Russia, left after the sanctions.

As a result of Western draconian sanctions on Russia, trade between both countries has been impeded but according to Venezuelan Foreign Minister Carlos Faria to Sputnik, it was not impossible. Back in September, Faria stated that his country welcomes the wider use of the Russian ruble and hopes to restore the flow of tourists from Russia shortly.

Venezuela affirmed its support for Russia amid the war in Ukraine, during Russian Deputy Prime Minister Yuri Borisov's visit to Venezuela early in February 2022.

Venezuelan Oil Minister Tareck El Aissami spoke on behalf of President Nicolas Maduro and the Venezuelan people to affirm support for the Russian people, the Russian Federation, and Russian President Vladimir Putin.

In response to Aissami, Borisov stated that Venezuela is a strategic partner of Russia in Latin America and the world, expressing his appreciation for this partnership and dialogue of confidence at the political level.

  • Carlos Faria
  • Russia
  • Venezuela
  • Oil Production
  • Nicolas Maduro
  • Vladimir Putin

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
People protest against Israeli Prime Minister Benjamin Netanyahu during the 79th session of the United Nations General Assembly, in New York, on Friday, September 27, 2024 (AP)
Politics

'Israel' stops unfunded diplomacy ahead of UN, October 7 memorial

An Israeli Air Force fighter jet releases flares over the Gaza Strip, is seen from southern occupied Palestine, Thursday, May 8, 2025 (AP)
Politics

OIC summit draft: Israeli attack on Qatar risks normalization

People shout slogans and hold Palestinian flags while protesting during the twenty-first stage of La Vuelta cycling race from Alalpardo to Madrid, Spain, Sunday, Sept. 14, 2025. (AP)
Sports

Pro-Palestine protests force abrupt end to Vuelta a España finale

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, on Wednesday, September 10, 2025 (AP)
Politics

Israeli regime faces growing isolation over Qatar strike: Reports

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS