Nicolas Maduro Pays A Visit To Algeria To Discuss Oil Crisis

date 2017/09/12 views 753 comments 0
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icon-writer Mohamed.L /English version: Dalila Henache

Venezuela President Nicolas Maduro pays a two-day official visit to Algeria on Monday and Tuesday, Algeria presidency said in a brief statement.

Venezuela President was received on Sunday night at Algiers international airport Houari Boumediene, by the chairman of the National Assembly, Abdelkader Ben Saleh.

"This two-day visit will allow the two sides to conduct an assessment of the status of the bilateral, friendly and cooperative relationships, and the means of strengthening them", the presidential statement added.

"The visit will allow the exchange of views on regional and international issues of common interest, including the situation of the global market for hydrocarbons and its prospects".

The Venezuelan plane landed at Algiers airport coming from Astana, where he participated in a summit of leaders of the Organization of Islamic Cooperation (OIC), as he is the current Chairman of the Non Aligned States.

Last Saturday, Venezuela President Nicolas Maduro made a brief visit to Algeria to discuss the recent developments in the oil market during a meeting with President of the National People's Assembly, Said Bouhadja.

Algeria Press Services said that Maduro made a technical visit to Algiers during which he met with the President of the National People's Assembly Said Bouhadja at Houari Boumediene International Airport.

For its part, the Venezuelan media confirmed that Maduro's visit to Algeria was to discuss coordination between the two countries on the oil market, especially since they are among the countries that are most affected by the collapse of the prices of black gold since 2014.

Algeria and Venezuela are both members of the Organization of Petroleum Exporting Countries (OPEC), and are hit by the collapse of oil prices since 2014, especially since nearly 95% of their revenues come from the black gold.

This is Maduro's second official visit to Algeria since he took office, as his first visit was in January 2015 and focused on oil as well. 

His predecessor, President Hugo Chavez, made four official visits to Algeria in 2000, 2001, 2006 and 2009.

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