Driving the news:
The decree, published on Russia’s official legal information portal, formalizes an accord first signed on May 7 during a Moscow meeting between Putin and Venezuelan President Nicolás Maduro.
Why it matters:
The agreement underscores the growing alignment between Moscow and Caracas as both nations face sweeping U.S. sanctions. It also highlights Russia’s efforts to consolidate a multipolar global order and reduce dependence on Western financial structures.
The big picture:
Under the deal, Russia and Venezuela will expand cooperation in strategic areas such as the economy, energy, mining, disarmament, and non-proliferation. The two countries also vow to combat the “distortion of colonial history” and condemn racism, genocide, and other crimes.
Key points:
- The agreement rejects “unilateral coercive and restrictive measures,” including extraterritorial sanctions, calling them violations of the U.N. Charter and international law.
- Both sides commit to building a joint independent financial infrastructure to shield bilateral trade from Western control.
- The pact promotes collaboration in arms control, disarmament, and non-proliferation to support “equal and indivisible security” for all nations.
- Russia and Venezuela also vow to cooperate in countering neo-colonial narratives and addressing the legacies of imperialism.
Zoom in:
The partnership builds on years of deepening Moscow–Caracas ties, with Venezuela serving as one of Russia’s key allies in Latin America. Both countries have consistently criticized U.S. hegemony and Western interference in global affairs.
Go deeper:
Maduro Signs Executive Order for Strategic Partnership With Russia
Zohre Khazaee - Hossein Vaez
