Iraq and Venezuela discuss joint coordination to support stability in global oil markets
Baghdad – INA
Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein discussed today, Saturday, with his Venezuelan counterpart, Ivan Gil Pinto, joint coordination to support stability in global oil markets, in a manner that serves the interests of both producing and consuming countries.
A statement from the Ministry of Foreign Affairs, received by the Iraqi News Agency (INA), stated that "Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein met with the Minister of Foreign Affairs of the Bolivarian Republic of Venezuela, Ivan Gil Pinto, on the sidelines of their participation in the Antalya Diplomatic Forum (ADF2025) held in the Turkish province of Antalya."
The statement added that "the meeting discussed ways to strengthen bilateral relations between Iraq and Venezuela, particularly in the fields of energy, trade, and investment, within the framework of the historical relations that unite the two countries within the OPEC organization. The two sides also discussed the importance of joint coordination to support stability in global oil markets, in a manner that serves the interests of both producing and consuming countries."
According to the statement, Fuad Hussein expressed "Iraq's aspiration to expand cooperation with Venezuela, particularly in the field of oil companies and promising economic sectors," stressing "the importance of strengthening partnerships between the private sectors of both countries." The statement continued, "Ivan Gil Pinto, for his part, affirmed his country's commitment to strengthening bilateral dialogue, extending an official invitation to Fuad Hussein to visit Venezuela," and expressing his "welcome to visit the capital, Caracas, as soon as possible to continue discussions on prospects for joint cooperation." The statement continued, "The meeting addressed regional and international issues of common interest, including efforts to achieve stability in the Middle East and Latin America. Both sides emphasized the importance of adopting political solutions to crises and respecting the sovereignty of states."
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