Russian deputy PM to meet Venezuela’s Maduro: Interfax

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FILE PHOTO: Russia’s Deputy Prime Minister Yuri Borisov delivers a speech during the annual international military-technical forum “ARMY” at Patriot Expocentre in Moscow Region, Russia August 21, 2018. REUTERS/Maxim Shemetov

MOSCOW (Reuters) – Russian Deputy Prime Minister Yuri Borisov has arrived in Caracas to meet Venezuela’s President Nicolas Maduro, the Interfax news agency quoted Borisov’s office as saying on Saturday.

Maduro and Russian President Vladimir Putin briefly discussed Caracas’ debt obligations to Russia during Madurov’s visit to Moscow last month, the Kremlin has said, without providing details.

Borisov oversees the Russian defense industrial sector in the government and is also a co-chairman of the Russian-Venezuelan intergovernmental commission.

Moscow has acted as a lender of last resort for Caracas, with the Russian government and oil giant Rosneft providing at least $17 billion in loans and credit lines since 2006.

The meeting between Maduro and the Russian official is due to happen also days after Russian Prime Minister Dmitry Medvedev visited Cuba. Medvedev said that Moscow would find ways to help Cuba secure supplies of oil and petroleum products.

A flotilla of shipments from Venezuela gave Cuba some respite this week. But the support from two of its closest allies looks unlikely to resolve Cuba’s pressing fuel problems, which have seen the government extend many of the energy-saving measures it has introduced over the past month.

Reporting by Polina Devitt; editing by William Maclean

This post was originally posted on Reuters: World News – View Original Article

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Have lived and invested in Venezuela full time for the last eight years and visited for each of twelve years prior to that. Studied and closely followed developments in Venezuela since 1996.