Russia, Venezuela agree to step up cooperation in oil extraction, development of gas fields - Lavrov

CARACAS. April 19 (Interfax) - Russia and Venezuela have agreed to step up cooperation in oil extraction, agriculture, healthcare and other areas, Russian Foreign Minister Sergei Lavrov said.

"We have agreed on practical steps towards broadening trade, investment cooperation and contacts between business communities. We are planning numerous projects in the fields of oil production, development of gas fields, agriculture, healthcare, pharmaceutics, communications, outer space, and high technologies," Lavrov said at a press conference after negotiations with Venezuelan Foreign Minister Yvan Gil.

The scale and pace of cooperation will grow in all of those areas, and the existent mechanisms, including the bilateral high-level commission, will continue to be used for that purpose, he said.

"We have agreed to expedite coordination of a series of new intergovernmental documents," Lavrov said.

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