Venezuela, Perú Address Migration, Trade Ties

Venezuela and Perú Strengthen Bilateral Ties Amid Economic and Migration Challenges

Lima, Perú – March 26, 2025

In a significant diplomatic move, Venezuelan President Nicolás Maduro and Peruvian President Dina Boluarte met in Lima today to discuss enhanced cooperation on migration, trade, and energy amid ongoing regional challenges.

The meeting comes as Perú continues to host over 1.5 million Venezuelan migrants who have fled their country’s economic crisis in recent years. Both leaders emphasized the need for a 'humane and orderly' approach to migration, with Perú agreeing to streamline visa processes while Venezuela pledged to improve conditions for potential returnees.

'We recognize the contributions of Venezuelan migrants to Perú’s economy and society,' stated President Boluarte. 'At the same time, we urge the international community to support a sustainable solution to Venezuela’s crisis.'

Energy and Trade Deals

A key outcome of the talks was a preliminary agreement for Venezuela to supply discounted oil to Perú in exchange for agricultural exports. This deal could help alleviate Perú’s rising fuel costs while providing Venezuela with much-needed food supplies.

Additionally, both nations agreed to revive the Andean trade bloc (CAN), seeking stronger regional integration to counter economic instability.

Controversy and Protests

Outside the presidential palace, small groups of protesters clashed with police, with some Peruvians expressing frustration over crime rates linked to migration. Meanwhile, Venezuelan activists called for greater protections for their compatriots facing xenophobia.

Analysts suggest this meeting marks a cautious thaw in relations after years of tension. 'Both countries need each other—Perú needs stable migration policies, and Venezuela needs economic lifelines,' said political analyst Carla Sánchez.

The next round of talks is scheduled for June 2025 in Caracas, where further agreements on investment and infrastructure are expected.

— Javier Méndez, Latin America Correspondent

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