MEXICO, July 24 (Itar-Tass) -- Venezuela’s President Hugo Chavez and his counterparts from Abkhazia and South Ossetia – Sergei Bagapsh and Eduard Kokoity – discussed major issues of bilateral relations. Over the meeting, the leaders signed a set of documents on cooperation between the two republics and Venezuela, a diplomatic source in Caracas said on Saturday.

The presidents signed agreements on the establishment of diplomatic relations and memorandums on mutual understanding, which describes a mechanism of political consultations. The set of documents included agreements on cooperation in the economy, trade, energy, agriculture and other spheres.

The three presidents inked a joint statement, which expresses the firm intention to strengthen “the tight connections of friendship and cooperation in politics, the economy and culture.”

On September 2009, Venezuela made a decision to establish full-fledged diplomatic relations with Abkhazia and South Ossetia.

Source: Itar-Tass