HomeEconomist OilThe Venezuelan Armed Forces (FANB) support the energy cooperation agreement between Venezuela and the US.

The Venezuelan Armed Forces (FANB) support the energy cooperation agreement between Venezuela and the US.

Defense Minister Gustavo González López emphasized that this agreement represents a decisive step towards boosting the national economy through productive and industrial dynamism.

The Bolivarian National Armed Forces (FANB) accompanied, approved, and expressed their full support for the terms of the recent Energy development agreement in oil fields reached between the Venezuelan State and the United States of America (USA).

The statements were made by the Minister of Defense, General-in-Chief Gustavo González López, after holding a review of the operational situation of the FANB together with the Commander-in-Chief of the Bolivarian National Armed Forces and the members of the high military command.

The Minister of Defense emphasized that the implementation of the agreement represents a decisive step aimed at boosting the national economy through productive and industrial dynamism..

International investment and economic peace

González López estimated that this mechanism will lead to an influx of international investment, which will translate into a significant increase in production, the creation of new jobs, and the strengthening of the value chain in the oil fields..

“If you were to ask me to sum up this agreement in one word, it would be prosperity and well-being for the country,” emphasized the high-ranking official, who also clarified that the negotiation does not involve any concessions of national sovereignty..

“Transforming a political difference into an economic cooperation agreement is simply a decision to move towards peace, not subordination,” he pointed out.During the military meeting, priority issues regarding energy conservation and the response to recent rainfall in the country were also addressed..

The High Military Command met with Delcy Rodríguez this Tuesday.

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