Russia-Venezuela Chamber of Commerce eyes creating own shipping company

The Russia-Venezuela Chamber of Commerce plans to set up its own shipping company to deal with logistics issues, it could start operating in early summer, head of the organization Roman Frolenko said, Report informs referring to Russian media.

He noted that there are plans to create one hub in the Russian Federation, the other in Venezuela. The company will deal primarily with logistical issues and problems with the supply of Russian exports.

“Now Latin America is interested in our grain, in our sunflower oil and in the supply of agricultural equipment, since Latin America is an agrarian country, the main emphasis is on agriculture. Imports include fish, seafood, fruits,” he said.

Frolenko said that now the Chamber of Commerce is considering several options for locating this company, noting that it might be St. Petersburg or Novorossiysk.