Prime Minister Narendra Modi met Venezuela's Acting President Delcy Rodríguez at Hyderabad House in New Delhi on June 4, 2024 [1].

The meeting signals a strategic effort to strengthen bilateral ties between India and Venezuela, focusing on critical resource security and economic diversification.

The discussions centered on energy security, trade, and investment [2]. The leaders also explored cooperation in pharmaceuticals, healthcare, transportation, and renewable energy [2]. Additionally, the two parties discussed the implementation of digital payments to streamline economic exchanges [2].

This engagement occurred during a five-day working visit for Rodríguez, which spanned from June 3 to June 7, 2024 [3]. The visit included separate meetings with other Indian officials, including External Affairs Minister S. Jaishankar, to back deeper ties between the two nations [4].

Both leaders emphasized the need for joint initiatives to enhance cooperation in the health and energy sectors [2]. The talks at Hyderabad House served as a primary venue for coordinating these efforts, prioritizing stability in energy imports and the expansion of Indian pharmaceutical exports to Venezuela [2].

While some reports indicated the meeting occurred on a different day, the primary record confirms the engagement took place on June 4, 2024 [1].

“The leaders met at Hyderabad House in New Delhi.”

This diplomatic engagement highlights India's pursuit of diversified energy sources and the expansion of its pharmaceutical and digital payment footprints in South America. By strengthening ties with Venezuela, India seeks to secure long-term energy stability while providing Venezuela with essential healthcare and technology infrastructure.