Presidents of Azerbaijan and Venezuela, Ilham Aliyev and Nicolás Maduro ,on Saturday discussed the directions of their further cooperation. Maduro stated that his visit to Azerbaijan will open a path for the development of bilateral ties, Trend reports.

The sides discussed possibilities of cooperation in the areas of trade, investment and energy. They also exchanged views on the cooperation between the OPEC member and non-member states in terms of the stabilization of oil prices in the global market.

Three agreements were signed as a result of the talks. Aliyev and Maduro signed a joint statement. Apart from this, Azerbaijani and Venezuelan FMs Elmar Mammadyarov and Delcy Rodríguez signed a Memorandum on the Mechanism of Political Consultations between the Ministries of Foreign Affairs. The third document is an intergovernmental agreement on liberalizing the owners of diplomatic, service and official passports from visa requirements, contact.az reports.