Lavrov said after talks in Caracas with his Venezuelan counterpart Yvan Gil that the special attention was paid to trade and economic relations as there are a lot of opportunities in these fields, according to Tass news agency.
The negotiations held in October on various fields such as oil production, development of gas fields, agriculture, medicine and pharmaceuticals, space exploration and information and communication technologies were discussed, he said.
Lavrov said that the talks also focused on the peaceful use of nuclear energy and the two sides agreed to cooperate in this domain as well.
During his trip to Caracas, the Russian Foreign Minister also met with President Nicolás Maduro and Vice President Delsey Rodriguez.
After his visit to Venezuela, Lavrov will depart for Brazil where he will take part in the G20 ministerial summit in Rio de Janeiro.