80 years of Victoria: Russia and Venezuela sign an agreement of maximum importance for 10 years

In a meeting full of historical symbolism, the presidents Vladimir Putin de Russia and Nicolás Maduro de Venezuela deepened their strategic alliance during the commemorations of the 80th anniversary of the Soviet victory over Nazi Germany and eight decades of bilateral diplomatic relations.

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“Powerful, significant and important,” said Kremlin spokesman Dmitri Peskov, the strategic association agreement signed by the presidents of Russia and Venezuela this May 7.

One of the central axes of the agreement is the creation of a Independent financial infrastructure that facilitates trade and investment without depending on Western systems. This mechanism, according to Maduro, will allow “making a leap to an integral relationship” at a time when bilateral commercial exchange grew by 64% year -on -year, reaching 200 million dollars, a figure that Putin described as “insufficient but promising.”

In the energy sector, both countries will promote joint investments in oil, gas and mining, taking advantage of the Russian experience in extractive technology and the vast reserve of Venezuelan resources. In addition, they agreed to intensify their coordination in the OPEC+ and in the forum of Gas Exporting Countries, platforms where Venezuela seeks to consolidate its role as a global actor in the hydrocarbons market.

Meanwhile, one of the most important aspects for binational cooperation is technological. In this area, Venezuela will house a land station of the Russian Satellite Satellite System System, a project that will not only strengthen joint space exploration, but also improve logistics and communication capacities in the region. This advance is complemented by exchange plans in scientific research and technological innovation, areas where Russia has offered knowledge transfer.

In the field of security and defense, the treaty includes the Joint development of Technical-military Capabilitiesalthough specific details are kept under reserve. Maduro stressed that this collaboration responds to “the ideals of Bolívar and Chávez”, while Putin emphasized that strengthening the strategic association “responds to the harmonious interest of both peoples.”

There is collaboration, in turn, will be prioritized by the elaboration of joint strategies for the fight against terrorism and the resurgence of international fascism, a flag that affects both nations.

Meanwhile, public health also occupied a priority place. Both countries will promote medical training, the development of vaccines and health projects, an initiative that takes up the cooperation established during the Covid-19 pandemic.

A common front against fascism

The historical context of the meeting did not go unnoticed. Maduro paid tribute to the “sacrifice of 27 million Soviet” who, according to him, “saved Europe and humanity” from fascism. Putin, meanwhile, reminded former President Hugo Chávez as “a key leader for Latin America”, whose multipolarity legacy remains in force.

Both leaders categorically condemned the resurgence of Nazism and fascism in the world, a position that, beyond their symbolic burden, reinforces their criticism of the policies of the West and their defense of an “fair and polycentric” international order. This vision is aligned with the integration of Venezuela into the BRICS group, a movement that Lavrov, Russian Foreign Minister, directly linked to Chavez’s thought.

Diplomatic relations between the two countries, initiated on March 14, 1945, lived their first milestone in 1976 with the visit of the then Venezuelan president Carlos Andrés Pérez to the USSR. However, it was under the mandate of Hugo Chávez when cooperation reached a “qualitatively new level,” according to Lavrov. Since 2019, more than 350 agreements have been signed and 18 mixed commissions, figures that the new treaty seeks to overcome.

Maduro’s visit to Moscow will continue with his presence in the military parade of the Red Square, projects Venezuela as the first Latin American country to raise his relations with Russia to the “highest political level.” With plans that cover from the expansion of direct flights between the two countries to the creation of an alternative financial system, this alliance challenges the western block policy and is raised as an alternative axis of global power. For this, both leaders insist on writing a new chapter in the history of multilateralism.