Ghana, Venezuela Explore New Partnership In Oil & Gas, Cocoa Processing, Aviation
Ghana and Venezuela are set to expand cooperation in key economic sectors, with both countries exploring Memoranda of Understanding in oil and gas, cocoa processing, aviation, education, tourism and military cooperation.
The potential areas of partnership were explored when the Venezuelan Ambassador to Ghana, resident in Abuja, H.E. Jesus Garcia, paid a courtesy call on the Deputy Minister for Foreign Affairs, Hon. James Gyakye Quayson, on October 28, 2026.
Ambassador Garcia said Venezuela is keen to elevate Ghana-Venezuela relations to a higher pedestal in the spirit of strategic South-South cooperation.
He noted that Venezuela holds one of the biggest oil reserves in the world and that cooperation with Ghana in the oil and gas sphere would be mutually beneficial.
On cocoa processing, the Ambassador said Venezuela has technology that can benefit Ghana in reducing losses incurred as a result of cocoa diseases, a major challenge for the world’s second-largest cocoa producer.
He also expressed interest in partnerships in aviation, education, tourism, and military cooperation.
In response, Hon. James Gyakye Quayson said 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 highlighted the African Continental Free Trade Area (AfCFTA) as a major trading initiative to boost economic development and said the time has come for Africa, the Caribbean and Pacific nations to work together for a common purpose.
Ambassador Garcia also disclosed plans by the Venezuelan government to open a resident Embassy in Ghana as soon as possible, describing Ghana as the most strategic country within the sub-region due to historical bonds of friendship dating back to the establishment of diplomatic relations in 1969.
He congratulated Ghana on the adoption of the Ghana-led UN General Assembly landmark resolution on March 25, 2026, officially declaring the transatlantic trafficking of enslaved Africans and racialised chattel enslavement as the “gravest crime against humanity.”
Hon. Quayson, while thanking the Ambassador for the visit, decried the current political situation in Venezuela and expressed hope that it would normalise soon.
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