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Keeping up with his enthusiastic moves on Venezuela’s National Oil-backed Cryptocurrency, Petro, President Maduro and Newly re-elected Palestinian leader, Mahmoud Abbas have signed an accord to create a bi-national development bank to fund technological and industrial initiatives between the two countries. Petro investments would be the initial source of funding.
Abbas landed in Caracas Monday night for a two-day diplomatic stay in Venezuela.
During a session at the Miraflores Palace in Caracas, the two countries agreed to expand economic, banking, trade and financial links, in particular establishing a Venezuela-Palestine business council. The latest deal builds on a series of accords in education, trade, agriculture, communication, sport, defence and health that have been in place since 2009.
Abbas thanked Maduro for the continuing support provided by V...
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