Turkish President embarks on a trip to South America

Turkish President Recep Tayyip Erdogan will embark on a regional trip to Latin America, covering Venezuela, Argentina and Mexico, in late July, Milliyet daily reported on July 10, Trend reports quoting Hurriyet Daily News.

The president’s last visit to Mexico was in February 2015 and to Argentina in November 2018 for the G20 summit.

President Erdogan’s visit to Venezuela should create an important opening in economic relations between the two countries. Erdogan will visit Venezuela a month and a half after Venezuelan President Nicolas Maduro’s visit to Turkey. Nearly 54 bilateral cooperation agreements will be on the program of his meetings in Venezuela.

Erdoğan met with Venezuelan President Nicolas Maduro on June 7 during his visit to Turkey.

“There is great potential for cooperation between Venezuela and our country, especially in the areas of trade, energy, mining, construction, health, agriculture and tourism,” said Erdogan at a joint press conference with Maduro.

The Venezuelan leader called on Türkiye investors to come to Venezuela for investments in tourism, mining, industry, logistics, banking, oil, gold and coal. “I can give you my guarantee. Legally, politically, I give you all the guarantees,” Maduro said.

Turkey was among the countries that continued trade relations with Venezuela despite US sanctions against the Maduro government.