Venezuela and China sign agreement for creation of international oil center

China and Venezuela signed an agreement for the creation of the International Center for Research and Innovation of Oil “Hugo Chávez Frías”, informed Sunday the Minister of People’s Power for University Education, Science and Technology, Hugbel Roa, through his Twitter account .

From the People’s Republic of China we signed an agreement with the Chinese company Shandong Kerui, for the creation of the International Center for Research and Innovation of Oil “Hugo Chávez Frías” to strengthen the productive, economic and social apparatus of our Homeland”
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– Hugbel Roa (@hugbelpsuv) December 17, 2017

Roa and the superintendent of the Crypto-currency, Carlos Vargas, arrived last Friday to the Asian nation to expand the agreements of economic and technological cooperation between both countries.