Venezuela assumes the Presidency of the Ministerial Council of the OPEC Fund for International Development

Ministerial Council of the OPEC Fund for International Development
Delcy Rodríguez Photo

Published at: 19/06/2025 01:43 PM

The Vice President of the Republic, Delcy Rodríguez, reported this Thursday that Venezuela assumes the Presidency of the Ministerial Council of the OPEC Fund for International Development (OFID) for the period 2025-2026.

Venezuela assumes with honor the Presidency of the Ministerial Council of the OPEC Fund for International Development (OFID) for the period 2025-2026, after being elected on June 18 by member countries,” he said through his Telegram channel.

In that regard, he indicated that this election “reflects the trust of the international community in our country and reinforces our commitment to energy development, strategic alliances and responsible investment, under the leadership of President Nicolás Maduro.”

He said that Venezuela celebrates this recognition and is committed to continuing to contribute to the construction of a multipolar and balanced world.

“We celebrate this recognition, which consolidates Venezuela as a relevant actor in multilateral development organizations, where we continue to actively contribute to the construction of a multipolar and balanced world,” he said.

The OPEC Fund for International Development was created in 1976 and since then it has channeled resources to infrastructure, health, education and access to basic services projects in low and middle income countries that are not part of the block.

In addition, since its founding, the fund has contributed to the improvement of the living conditions of millions of people in Asia, Africa, Latin America and the Caribbean.

Mazo News Team

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