Venezuelan government signs Memorandum of Understanding with iFLYTEK
Photo: Ministerio del Poder Popular de Economía y Finanzas.
According to an article by the media outlet El Caribe, following the bilateral meeting between the Venezuelan government and the Chinese company iFLYTEK, both parties signed a Memorandum of Understanding for the development of artificial intelligence technologies.
Regarding this new agreement between the two nations, Venezuelan President Nicolás Maduro highlighted that it is a key step in incorporating the Latin American country into the development of these new technologies.
It is known that the Memorandum of Understanding was signed during the inauguration of the “Great China–Venezuela Expo: Building a Splendid Future,” which was attended by high-ranking officials from both countries, including President Nicolás Maduro, Chinese Ambassador Lan Hu, and Executive Vice President Delcy Rodríguez.
In his speech, President Nicolás Maduro stated that, with the signing of this new agreement, Venezuela hopes to apply artificial intelligence technology to various sectors of the country, such as agriculture, education, scientific research, telecommunications systems, tourism, and hydrocarbons.
In addition to the Memorandum of Understanding, the two nations signed an economic and technical cooperation agreement and a delivery and reception act for supplies donated by the People’s Republic of China to Venezuela for the protection of water resources in the Latin American country.
Likewise, President Nicolás Maduro mentioned that the two nations are currently in talks and negotiations to establish investments that contribute to the development of the hydrocarbon sector, specifically in gas and oil production, as well as in the advancement of refining and petrochemical industries.
For his part, Lan Hu, Ambassador of the People’s Republic of China to Venezuela, stated that the Asian nation is promoting projects aimed at modernizing the electrical system of the Latin American country.
He also emphasized that the “Great China–Venezuela Expo: Building a Splendid Future” was an important space for the exchange of knowledge and the development of mutual agreements, such as the Memorandum of Understanding.
* Original text in Spanish. Translated by Large Language Model (LLM) technology.
Main Source:
Venezuela firma un memorando de entendimiento con empresa china para el desarrollo de IA – El Caribe
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