PM Modi, Venezuela's Delcy Rodríguez Vow to Elevate Bilateral Ties

India
M
Moneycontrol•30-01-2026, 21:24
PM Modi, Venezuela's Delcy Rodríguez Vow to Elevate Bilateral Ties
- •PM Modi spoke with Venezuela's Acting President Delcy Rodríguez to deepen and expand bilateral cooperation.
- •The leaders agreed on a shared vision to take India-Venezuela relations to new heights.
- •India continues its engagement with Latin America to strengthen diplomatic and economic partnerships.
- •US eased sanctions on Venezuela's oil industry after reforms aimed at private investment.
- •US Treasury allowed American companies to engage with Venezuela's state oil company PDVSA.
Why It Matters: PM Modi and Venezuela's Acting President Delcy Rodríguez pledged to enhance bilateral cooperation across sectors.
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