(MENAFN) China and Venezuela inked 12 agreements that cover different sectors aimed at increasing cooperation between the two countries, Qatar News Agency reported.
The cooperation deals signed include agreements in the construction sector as well as in energy, agriculture, and education.
One of the agreements is a USD1.4 billion deal between Petroleo de Venezuela SA and China Petrochemical Corp to develop a 200,000 bpd heavy oil block in Venezuela.
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