ECONOMY


Venezuela says agrees with Iran to call for OPEC, non-OPEC heads of state summit

Baku, December 9, AZERTAC

Venezuelan President Nicolas Maduro said on Thursday he had agreed with Iran to call for a summit of heads of state from OPEC and non-OPEC countries in the first quarter of next year to decide on strategy for the oil market, according to Reuters.

"I told President (Hassan) Rouhani, let's jointly call for an OPEC summit of presidents, heads of state and governments in the first quarter of 2017 to establish a new mechanism for markets and oil prices and we agreed to do that, inviting non-OPEC countries," Maduro said in a televised broadcast.

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