Venezuelan President Nicolás Maduro indicated on Thursday, September 5, that trade with Colombia has grown 56 % so far in 2024.

Although he did not give details, the president highlighted the importance of bilateral trade with the neighboring country and indicated that according to official projections the sector “will exceed 1 billion dollars this year, which means a growth of almost 800 %.”

Maduro declared that Venezuela-Colombia trade continues to grow “and is sustainable, that will continue to grow, and I am sure that in 2025 we will take it to 2 billion.”

In a meeting with businessmen, the president reiterated his proposal for the creation of a “large economic and industrial zone that offers investment opportunities on the vast border between the Venezuelan state of Táchira and the Colombian department of Norte de Santander.”

M.Pino

Source: swissinfo

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Venezuela’s economy grew 8 % during the first half of 2024, according to data cited by the president of this nation, Nicolás Maduro, in a program on state television VTV.

The data provided by the Central Bank of Venezuela were cited when referring to the positive evolution of the national economy, in addition to predicting that this growth figure will be exceeded by the end of 2024.

Maduro pointed out that this result emanates from “the real and productive economy grew by 8 percent from January to June; It is the economy that produces goods, services, food, shoes.”

The announcement was made during a meeting of the president with microentrepreneurs in Caracas, where he highlighted that the “economic model promoted by his Government seeks to overcome dependence on income derived from oil, but without giving up, in any way, the development of the oil industry.”

He stressed the importance of oil worldwide, pointing out that Venezuela has the main global oil reserve.

M.Pino

Source: spanish.xinhuanet.com

(Reference image source: Unsplash+, in collaboration with Getty Images)

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La entrada Venezuelan economy grew 8 % during the first semester apareció primero en Bitfinance.