Caracas, 10 August 2022(TDI): Nicolás Maduro, the President of Venezuela congratulated
Terrance Drew on being elected as the new Prime Minister of Saint Kitts and Nevis.

The Prime Minister won the elections held on August 5 in Saint Kitts and Nevis. Consequently, the President of Venezuela called the newly elected Prime Minister on the occasion.

Statement of Venezuela’s Foreign Office

According to a statement released by the Venezuelan Foreign Ministry, the President of Venezuela called on the Prime Minister of Saint Kitts and Nevis.

During their talks, Venezuela’s President expressed his willingness to work constructively with the new Government in order to develop bilateral relations between the two states.

They also discussed possible opportunities for cooperation to strengthen brotherhood between the states.

Furthermore, President Maduro also conveyed that the Government of Venezuela would continue providing its solidarity cooperation through the Petrocaribe Energy Supply Agreement.

Additionally, he ensured the Prime Minister that his government will take steps for the implementation of agri-food projects, and regional air interconnection.

Petrocaribe Energy Supply Agreement

Petrocaribe Energy Supply Agreement is a cooperation Agreement for Energy Security among the Caribbean and Central American Countries. It was established by Venezuela in June 2005.

It was initiated by the late Venezuelan President Hugo Chavez. The deal helped address the 32% demand of the country in the oil sector.

Since its founding, Petrocaribe has been a crucial source of financing for the region’s oil-
importing nations. In order to acquire oil, it developed a financing program with conditions that change in accordance with price changes within set limits.

New Prime Minister of Saint Kitts

The new Prime Minister of Saint Kitts and Nevis, Terrance Drew, took the oath of office on Saturday. He vowed to uphold the values of good government, openness, and integrity.

Moreover, Terrance Drew has previously served as the leader of the Saint Kitts and Nevis Labor Party (SKNLP). The party won six of the eleven parliamentary seats in the elections.