GHANA AND VENEZUELA TO SIGN MEMORANDUM OF UNDERSTANDING (MOU) IN THE AREAS OF COCOA PRODUCTION, AVIATION, EDUCATION AND OIL AND GAS, TOURISM

On 28th October, 2026, the Venezuelan Ambassador to Ghana (resident in Abuja), H.E Jesus Garcia, paid a courtesy call on the Hon. James Gyakye Quayson, Deputy Minister for Foreign Affairs, during which the Ambassador expressed the desire of his country to sign Memoranda of Understanding (MoUs) in potential areas of cooperation between Ghana and Venezuela.

Ambassador Jesus Garcia disclosed Venezuela’s interest in cooperation with Ghana in the areas of aviation, education, oil and gas, tourism, military, and cocoa processing, to elevate Ghana-Venezuela relations to a higher pedestal, in the spirit of strategic South-south cooperation.

He indicated that, Venezuela has one of the biggest oil reserves in the world and cooperation with Ghana in this sphere would be mutually beneficial. On cooperation in the cocoa processing area, the Ambassador disclosed that Venezuela has technology that can benefit Ghana in reducing the losses incurred as a result of cocoa diseases.

He also congratulated Ghana on the adoption of Ghana-led UNGA landmark resolution on 25th March, 2026 officially declaring the transatlantic trafficking of enslaved Africans and racialized chattel enslavement as the ‘’gravest crime against humanity.’’

The Ambassador disclosed the intention of the Venezuelan government to open a resident Embassy in Ghana as soon as possible, indicating that it is the most strategic country within the sub-region due to the historical bonds of friendship that has existed between the two countries since establishment of diplomatic relations in 1969.

Hon. James Gyakye Quayson expressed gratitude for the visit. He immediately decried the current political situation in Venezuela, and expressed the hope that the situation will normalize soon, since  no situation is permanent. He noted that Ghana strongly believes there is more to gain from working together with like-minded countries like Venezuela, in the spirit of South-South cooperation.

The Deputy Minister further mentioned AfCFTA as a major trading initiative to boost economic development among African countries, and indicated that, the time has come for Africa, the Caribbean and the Pacific nations to work together for a common purpose for economic development.