Prime Minister Narendra Modi met Venezuela's Acting President Delcy Eloína Rodríguez Gómez at Hyderabad House in New Delhi on June 4, 2026 [1, 2].
The meeting signals a strategic effort by India to diversify its energy imports and strengthen diplomatic ties with South American nations. As a major oil consumer, India seeks more stable and varied energy partnerships to secure its long-term economic growth.
The two leaders focused on reviewing the full spectrum of bilateral relations [1, 3]. Discussions centered on deepening cooperation in trade and strategic sectors, with a particular emphasis on oil and energy [1, 4]. This engagement follows a series of high-level diplomatic movements aimed at boosting cooperation between the two nations [3].
Rodríguez arrived in India for an official visit lasting five days [5]. Her itinerary includes meetings with top Indian officials to explore avenues for expanded economic ties. External Affairs Minister S. Jaishankar also met with the Acting President and said that the talks with Modi would boost cooperation between the two countries [3].
The discussions at Hyderabad House took place as India eyes more oil opportunities from Venezuela [4]. By engaging with the Acting President, New Delhi aims to stabilize energy procurement and explore new avenues for trade that benefit both regions. The meeting reflects a broader Indian foreign policy goal of expanding its footprint in Latin America, a region with significant natural resources and growing market potential.
Officials said the talks were intended to review and deepen the existing relationship [1]. The focus on energy is seen as a priority for both nations, given Venezuela's vast oil reserves and India's industrial demand [4].
“India and Venezuela discussed cooperation in energy, trade, and strategic sectors.”
This meeting underscores India's strategic pivot toward energy security by engaging with Venezuela, one of the world's largest oil holders. By strengthening ties with Acting President Rodríguez, India is attempting to mitigate reliance on a few energy suppliers while expanding its geopolitical influence in South America.
