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Putin, Maduro discuss bilateral relations and global oil market

October 10, 2016, 18:00 UTC+3 ISTANBUL

The Venezuelan president welcomed the possible agreements on freezing oil output

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ISTANBUL, October 10. /TASS/. Russian President Vladimir Putin suggested that his Venezuelan counterpart Nicolas Maduro take advantage of their meeting on the sidelines of the World Energy Congress in Istanbul to discuss their bilateral agenda and the situation on the global oil market.

"It is a good opportunity for us to meet and talk over our bilateral relations. I am very glad to see you and hold a meeting with you."

Speaking about oil output discussed at the Congress, Putin assured the Venezuelan president, "We will act as we have agreed with you, our partners from Saudi Arabia and other market participants."

The Venezuelan president, in turn, welcomed the possible agreements on freezing oil output calling "the agreement that we are about to clinch very good news."

Maduro also drew Putin’s attention to the fact that Venezuela was currently presiding over the Non-Aligned Movement and had recently held the its summit. "We maintain close coordination with the UN Security Council in order to achieve the goal of ensuring peace," the Venezuelan president stated.

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