Russian President Vladimir Putin on Monday signed legislation formalizing a strategic partnership with Venezuela, strengthening cooperation across key sectors including energy, mining, finance, and defense.
The law enshrines an agreement first signed on May 7 during a Moscow meeting between Putin and Venezuelan President Nicolás Maduro. It highlights Moscow and Caracas’ growing alignment as both countries face U.S. sanctions and signals Russia’s broader push to promote a multipolar global order.
Under the pact, the two nations will expand collaboration in the economy, energy, mining, disarmament, and non-proliferation. The agreement also commits them to countering neo-colonial narratives, condemning racism and genocide, and opposing the “distortion of colonial history.”
Key provisions reject unilateral coercive measures, including extraterritorial sanctions, as violations of international law and the U.N. Charter. Both sides will work to develop a joint financial infrastructure to protect bilateral trade from Western influence and advance cooperation on arms control and equal security for all nations.
