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Venezuela eyes better relations
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08:18, November 16, 2007

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Close China-Venezuela ties will lead to more exchanges between Asia and Latin America, for both the countries have been calling for multilateralism in international relations, Venezuelan Foreign Minister Nicolas Maduro Moros said in Beijing yesterday.

"Both the countries are opposed to hegemony and want multilateralism in international relations based on equality and mutual respect," Maduro said at a news briefing.

"We are standing at the threshold of a new era, an era in which sovereignty should be respected and hegemony opposed."

Maduro hopes for greater cooperation between the two countries, especially in agriculture and energy industry.

"Four years ago, Venezuela didn't export any oil to China, but now, it ships 355,000 barrels of oil a day to the country," he said. The figure could go up to 1 million barrels a day in 10 years.

But China-Venezuela cooperation in energy is much more than imports and exports of crude oil, Maduro said. "We are cooperating in areas such as setting up of oil refineries and oil exploration."

Maduro said bilateral relations have developed smoothly with frequent exchange visits. He reiterated Venezuela's adherence to the one-China policy, saying it will support China's reunification and territorial integrity at any international forum or organization.

Source: China Daily

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