She also stressed that the drive towards these Special Economic Zones is essential for capturing foreign exchange earnings through non-oil exports, which could help mitigate the effects of the criminal blockade against Venezuela.

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Venezuela Promotes Its Tech Development Through Special Economic Zones

Executive Vice President of the Republic, Delcy Rodriguez, participated this Thursday in the XXV edition of the World Forum on Special Economic Zones Development and the Transition to New Economic Models, an event that brings together more than 60 investors from China, accompanied by 20 academics and subject matter specialists.

During her speech, Rodríguez welcomed the attendees on behalf of President Nicolas Maduro and the Venezuelan people, highlighting the importance of the forum as a space conducive to the exchange of experiences about the Chinese Special Economic Zones (SEZ).

She recalled that these areas were central to the process of economic opening and reform that began in China in 1978, emphasizing the creation of the emblematic Shenzhen Special Economic Zone in 1980.

The Vice President emphasized that, despite the adverse context marked by an international economic blockade, Venezuela has implemented its own model of Special Economic Zones.

These initiatives seek to attract investment and promote foreign trade, with the aim of developing the national economy in the face of constraints. “It is a strategy that has a very concrete meaning: to develop a country in an environment that you know very well, of an illegitimate blockade that has sought to torture the body of the national economy,” said Rodríguez.

She also stressed that the drive towards these Special Economic Zones is essential for capturing foreign exchange earnings through non-oil exports, which could help mitigate the effects of the criminal blockade against Venezuela.

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