Venezuela Boosts Trade with ALBA and Cuba through Its Productive Engines

President Maduro stressed that each of the 13 productive engines must align with the objective of developing an agenda that promotes joint investments and advances in various areas within ALBA member countries. Jan 21, 2025 Photo: ViceVenezuela


January 21, 2025 Hour: 10:39 pm

During his speech, the president invited several key officials, including Chancellor Yván Gil and ALBA-TCP’s Executive Secretary Jorge Arreaza, to prioritize this agenda in Venezuelan foreign policy.

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At the recent meeting of the Economic Council, the President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros, announced the integration of the country’s 13 productive engines with the Bolivarian Alliance for the Peoples of Our America (ALBA) and Cuba. This movement seeks to strengthen trade and enhance the economies of the nations involved.

President Maduro stressed the importance of collaboration with Cuba, especially in the context of the new sanctions facing the island. “Cuba must know that, in the face of new sanctions, it can count on Bolivarian Venezuela to produce, advance, and build the happiness, prosperity, and peace to which Cuba is entitled, as well as all of our America and the Caribbean,” emphasized the president.

During his speech, the president invited several key officials, including Chancellor Yván Gil and ALBA-TCP’s Executive Secretary Jorge Arreaza, to prioritize this agenda in Venezuelan foreign policy.

President Maduro stressed that each of the 13 productive engines must align with the objective of developing an agenda that promotes joint investments and advances in various areas within ALBA member countries.

“These engines have a vocation towards ALBA, towards Latin America and the Caribbean, and towards the Global South,” said Maduro, highlighting the importance of this strategy to ensure sustainable economic development in the region.

This approach reflects a renewed commitment by Venezuela to strengthen trade and economic ties with its allies in a challenging international context, promoting a model of cooperation that seeks to tackle common challenges together.

Autor: MLM

Fuente: VTV