Piyush Goyal Calls for Reactivating Bilateral Mechanism; Venezuela Eyes Critical Minerals, Indian Investments

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....iyush Goyal Calls for Reactivating Bilateral Mechanism; Venezuela Eyes Critical Minerals, Indian Investments<BR>News and Press Release<BR>Dated:- 15-11-2025<BR><BR>Union Minister of Commerce and Indus....

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....try, Shri Piyush Goyal, held a bilateral meeting with Minister of Ecological Mining Development of Venezuela, H.E. Mr. Hector Silva, on the sidelines of the 30th CII Partnership Summit held on 14-15 N....

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....ovember 2025 in Visakhapatnam. During the meeting, the Venezuelan side expressed interest in expanding economic engagement with India beyond the oil sector, including cooperation in critical minerals....

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.... and attracting Indian investment. Shri Goyal emphasized the need to reactivate the India-Venezuela Joint Committee Mechanism, whose last meeting was held a decade ago. He noted that ONGC's ongoing o....

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....perations in Venezuela provide scope for deeper collaboration in mining and exploration. He suggested that Venezuela may consider accepting the Indian Pharmacopeia to facilitate pharmaceutical trade a....

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....nd highlighted opportunities to enhance cooperation in the automobile sector. He added that India would engage with businesses exploring investment prospects in Venezuela.<BR> News - Press release - P....

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....IB....