During a press conference on Aug. 2 in Caracas, Venezuela’s President Nicolás Maduro discussed how Venezuela is ready to work with the BRICS nations for the development of its resources.
Sputnik reported: “‘BRICS has a portfolio of opportunities in trade, and Venezuela is ready to be part of it. BRICS is a huge market for national producers,’ Maduro told journalists at a press conference on [Aug. 2] Friday. ‘Therefore, we strongly urge Venezuelan exporters to work in this direction. We have bet on BRICS.’”
He is further quoted as saying, “The largest investments we have in oil and gas come from the BRICS, and if these people in the north and their partners in the world make the mistake of their lives, then those oil and gas blocks that were already signed will go to our allies of the BRICS.”