Newsletter47

Page 1

The weekly

Newsletter VOL. 2: ISSUE. 47, 5th December,2016

Bolivarian Government of Venezuela

Ministry of People’s Power for Foreign Affairs office of the Deputy Minister for Africa

Embassy of the Bolivarian Republic of Venezuela in Kenya concurrent to Rwanda, Uganda, Tanzania and Somalia

Permanent Mission of Venezuela to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN Habitat).

BOLIVARIAN REPUBLIC OF VENEZUELA MINISTRY FOR PEOPLE'S POWER FOR FOREIGN AFFAIRS COMMUNIQUÉ The Bolivarian Republic of Venezuela celebrates the agreement signed between member countries of the Organization of Petroleum Exporting Countries (OPEC) to cut production of crude oil. The Bolivarian Republic of Venezuela celebrates the historic agreement reached during the 171st Ministerial Conference of the Organization of Petroleum Exporting Countries (OPEC), in which member countries decided, for the first time since 2008, to cut production, in order to restore the balancing of the world crude oil market and achieving fair prices for this non-renewable natural resource. The President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros, deployed a diplomatic offensive in OPEC and the main oil producers outside the Organization from January 2015 until today to stop the fall in prices of the crude that generated the longest low price crisis in the last 45 years. This agreement reflects the tireless efforts of Venezuela for almost two years in search of a consensus to stabilize the oil market and lessen the perverse effects of financial speculation and future markets in hydrocarbon production, revitalizing the role of OPEC in balancing the economic and geopolitical forces that intervene in the world economy. The main non-OPEC producers will join in the cut in production agreed unanimously by OPEC members in the coming days which will facilitate a gradual stabilization of the market and pave the way for better growth prospects in the Sector of hydrocarbons, necessary to guarantee the energy that humanity requires. This decision is part of the path to the first agreement in history between the major OPEC producers and non-OPEC, building new oil geopolitics. In celebrating the agreement, we acknowledge the legacy of the Supreme Commander Hugo Chavez, who in 2000 made possible the second summit of Heads of State and Government of OPEC, which became the re-foundation of the Organization when it resumed its fundamental role in the defense of the sovereign right of the producing countries over their natural resources, and the establishment of a fair value for their commercialization. The Bolivarian Republic of Venezuela reaffirms that only countries that preserve their independence in the framework of international law will be able to sustain a sovereign energy policy, and they will be able to rescue control of the oil market from the hands of the speculators in order to return to the leading role of producers in a good balance of the world economy. Caracas, 1st December, 2016 www.mppre.gob.ve

WHATS INSIDE

1. Communiqué

2. Ar�cle: Fidel also lives in Africa

3. UNESCO recognizes Venezuela

4. Reflec�on of economic development in the tourism sector

5. Promo�ng the unknown about Africa


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Newsletter47 by Venezuelan Embassy in Nairobi - Issuu