Prime Minister Narendra Modi and Venezuela's acting President Delcy Rodríguez held talks on a long-term energy partnership and cooperation in pharmaceuticals and critical minerals.
Rodríguez's four-day visit to India includes discussions on energy, technology, agriculture, and healthcare, with Modi highlighting the importance of cooperation for the Global South.
India has diversified energy purchases, with Venezuela becoming its third-largest oil supplier, and the two leaders focused on forging a long-term energy partnership.
The Indian government is seeking new sources of crude oil due to developments in West Asia, and Rodríguez sees India as a preferred partner for stable energy purchases.
The two sides also discussed pharmaceuticals, critical minerals, and mining cooperation, with the Indian side raising the issue of repatriating oil dividends from Venezuela.
