Venezuelan President Nicolás Maduro and Vice President Delcy RodrĂguez with the Chinese delegation at the Great China-Venezuela Expo in La Carlota, July 4, 2025. Photo: Presidential Press.
Venezuela President Nicolás Maduro attended the Great China-Venezuela Expo being held in La Carlota, Miranda state. This event, whose motto is “Building a Splendorous Future,” is being held on the 51st anniversary of the establishment of diplomatic relations between Venezuela and China.
On Friday, July 4, three agreements were signed between the two countries. The first one was on the delivery and reception of the donation of supplies for the protection of water resources granted by China to Venezuela. The second one was a technological cooperation agreement, and the third one was with the China Development Bank.
Investment in the hydrocarbons sector
President Maduro explained that significant investments were discussed with the China Development Bank “for the development of agriculture, agroindustry, aquaculture, and investments in the hydrocarbons sector for the production of oil, gas, and the development of petrochemicals and the refining industry.”
He also reported that investments for the development of infrastructure for the electricity supply service, transportation, and science and technology were discussed.
Artificial intelligence
A memorandum of understanding was also signed with China’s iFlutek to jointly develop AI technology.
iFlutek develops voice recognition and artificial intelligence technologies, and the agreement is expected to provide Venezuela with advanced solutions in key sectors such as education, health, agriculture, energy, and telecommunications.
President Maduro highlighted the importance of an agreement between “a world leader in technology and the Bolivarian Republic of Venezuela to develop Venezuelan artificial intelligence, sovereign, and at the highest level of the alliance with the People’s Republic of China.”
“Venezuela enters through the front door in the vanguard in the development of artificial intelligence,” he emphasized.
He highlighted that China and Venezuela have built a relationship based on complementarity and mutual respect. “This expo is one more step towards a future of shared prosperity,” he said.
He stressed that it is a “great brotherhood in conditions of respect,” relations that have been strengthened with China.
At the event, President Maduro was accompanied by Vice President Delcy RodrĂguez (who chairs the China-Venezuela High-Level Commission). They toured alongside the Chinese delegation various booths and halls where the agreements and alliances between the two nations were reviewed.
President Maduro pointed out that the relations with China are an example that another world is possible and that the first power in the world is now the People’s Republic of China.
President of Venezuela Welcomes Delegation from Communist Party of China
Vice President Delcy RodrĂguez highlighted the self-determination and sovereignty of both countries that maintain relations within the framework of respect.
“I thank President Xi Jinping for all his support, all his solidarity, for his constant encouragement at all junctures. I thank the President of the China Development Bank, Comrade Tang, for this visit, which marks a new beginning, a new start of a splendid relationship,” said President Maduro.
For his part, the Chinese ambassador to Venezuela, Lan Hu, said that it is necessary to expand pragmatic cooperation and further strengthen cultural and human ties.
He noted that the expo opens the opportunity to boost bilateral cooperation even further.
“For more than half a century, bilateral coordination has achieved significant development in all areas. Despite international adversities, we have supported each other, defending international equity and justice and the rights of the countries of the Global South,” he said.
“Understanding and respect for political systems and development philosophies have prevailed,” he said, asserting that over 50 Chinese companies from different sectors are present at the fair. “Products, materials, and services are exhibited, and the bilateral relationship is very dynamic,” he added.
The expo: Building a Splendorous Future
Those who visit the Great Expo will be able to appreciate commercial exhibitions of Venezuelan-Chinese products and services, business rounds to strengthen bilateral investment, and cultural presentations.
The Great China-Venezuela Expo “Building a Splendorous Future” aims to be a symbol of friendship and progress, laying the groundwork for new growth opportunities for the benefit of the peoples of both nations.
The main events will be held on July 5-6 at the SimĂłn BolĂvar Park in La Carlota. They will showcase the progress in bilateral cooperation and explore opportunities in key sectors such as technology, energy, trade, and infrastructure.
(Ăšltimas Noticias) by Aura Torrealba
Translation: Orinoco Tribune
OT/SC/SF
