Turkey interested in Venezuelan oil
Bilateral rapprochement has allowed Turkey to take part in Venezuela's housing plan Great Mission Housing Venezuela
Over the last 10 years, Turkey has achieved substantial economic development, recording an average growth rate of GDP over 5%, in spite of the 2008-2009 slowdown due to the global financial crisis. Turkey has managed to develop several industries, including automotive, appliances, pottery, cement, textile, agriculture, and food.
Given the exponential growth of its economy, Turkey's energy requirements have increased, and that is where Venezuela comes into play. Turkey's ambassador to Caracas, Muhsin Tugrul Kiliçaslan, explained that a bilateral Energy Cooperation Agreement has been recently signed between Turkey and Venezuela, under which Venezuela sends oil to Turkey in exchange for the construction of dwellings. "We started the cooperation in the construction sector. It is a win-win situation for both parties. You (Venezuela) need construction and we (Turkey) are very good at it and we require oil," the ambassador remarked.
He mentioned that in northern Vargas state, 1,480 dwellings were built for the Great Mission Housing Venezuela by Turkish construction firm Summa from November 2011 to May 2012. Further projects with Turkish firms are expected.
The very early morning after the presidential election (April 15), both candidates requested the National Electoral Council (CNE) to conduct a full audit of the process: one, Henrique Capriles, because he asserts that the election results are different from the ones announced, and the other one, Nicolás Maduro, in order to clear any doubt regarding his victory, and to reinforce his political stance. Nevertheless, as it is already known, President Maduro changed his mind.