 During the Crisis in Venezuela, Poland officially recognized Juan Guaidó as the interim president of Venezuela in February 2019.Both nations have signed several bilateral agreements, such as an Agreement on Cultural Cooperation (1973); Agreement on Scientific and Technical Cooperation (1988); Agreement to Abolish Visas for Diplomatic and Service Passport Holders (1996) and Agreements on Economic, Energy, Infrastructure, Agricultural, Touristic and Environmental Cooperation (2013).In 2014, trade between Poland and Venezuela had totaled $117 million USD, however, due to the current Crisis in Venezuela, trade between both nations have significantly reduced.