President Nicolás Maduro introduced El Petro to investors from Turkey

Caracas.- “The value of El Petro is determined by the value of the wealth; it is becoming a first order tool for international exchange. I place it at your disposal!”, assured Mr. Nicolás Maduro, President of the Republic, during meetings with representatives from Turkish private and public companies.

The head of the state stressed that Venezuela offers a lot of opportunities to investors and invited businessmen to jointly work on oil, gas and mining. He added that “we are bringing an international investment proposal based on our constitutional law of Foreign Productive Investment.”

During his presentation, Mr. Maduro enlightened that El Petro crypto-currency is based upon an entire block from the Orinoco Oil Belt, with more than five billion certified oil barrels. “Its value is equivalent to the oil barrel price, I place it at your disposal to strengthen relations and accelerate investments between Venezuela and Turkey”, he said.

Venezuela’s crypto-currency El Petro was introduced by President Nicolás Maduro in order to show the reliability of his patent, during some activities with Turkish investors which had place in Turkey, regarding his participation in the assumption of his colleague, Mr. Recep Tayyiip Erdogan.