Bolivarian Republic of Venezuela
Diplomatic relations between Bulgaria and Venezuela were established in 1974. Before that, Venezuela had an honorary consul in Bulgaria since 1933 who ceased their activities during the Second World War. In 1970, by exchanging notes in New York, an agreement was reached to open sales offices in Sofia and Caracas. In 1974, the two countries established diplomatic relations. Embassies headed by Extraordinary and Plenipotentiary Ambassadors have been opened in Sofia and Caracas. In 2012, the Bulgarian Embassy in Caracas was temporarily closed for financial reasons. A decision was made in Venezuela to accredit the Bulgarian ambassador to Brazil. Venezuela retained its embassy in Sofia. Bulgaria has an honorary consul in Venezuela based in Caracas.
Until 2007, trade and economic relations were leading, but since then trade between the two countries has been insignificant. Cooperation was carried out in the field of sports, during which Venezuelan athletes attended training camps in Bulgaria.
According to unofficial data, about 60 Bulgarian citizens live in Venezuela.
Given the lack of reaction from Nicolas Maduro to the urgent convening of free, transparent and fair presidential elections, as called for by the EU on 26 January 2019, a total of 19 EU Member States in a joint declaration on 19 February 2019 recognised Juan Guaido as acting head of state, in accordance with the provisions of the Constitution of Venezuela, so that he can call free, fair and democratic presidential elections.
On February 6, 2019, the Council of Ministers of Republic of Bulgaria approved the position of the Bulgaria in support of Juan Guaido in his capacity as acting head of state of the Bolivarian Republic of Venezuela.