Venezuela and Brazil strengthen bilateral trade. In a recent meeting of government representatives, both countries analyzed topics such as the transportation sector and vehicle imports.

In this regard, “during a meeting between the Minister of Foreign Trade, Johann Álvarez Márquez, the Brazilian Ambassador to Venezuela, Glivania Maria de Oliveira, and Alex Giacomelli, Ambassador and Secretary of Trade Promotion of Brazil, the officials evaluated mechanisms to accelerate bilateral trade, especially in the sale of vehicles.”

For both nations, the automotive and transportation sectors are key to trade, in addition to the modernization of customs regulations.

At the meeting, both delegations “agreed to expand the trade balance with a promotional agenda, including trade fairs and the development of joint value chains with Colombia to supply domestic and regional markets, the Ministry of Foreign Trade reported.”

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Curaçao’s Minister of Economic Development, Roderick Middelhof, recently indicated that the island is considering eliminating the visa requirement for Venezuelans, a measure that would help revive tourism from the country.

According to the official, local authorities are working to “restore the conditions that previously existed to facilitate the entry of travelers to the island.”

The minister stated in an interview: “We are currently evaluating the possibility of removing the visa requirement again, because Venezuelans have had a period when they didn’t need a visa to enter here. So, what we want to do right now is refocus on that, attracting tourism from Venezuela as well.”

The official also announced that next year Curaçao “will have a special fund to invest in Venezuela and promote the island within the national tourism market.” In this regard, he highlighted the benefits of the imminent resumption of tourism from Venezuela, as it will contribute to strengthening the sector.

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The president of Consecomercio, José Gregorio Rodríguez, recently announced that the organization submitted a proposal to the U.S. Chargé d’Affaires in Venezuela, John Barrett, regarding a free trade agreement for the non-oil sector.

According to Rodríguez, during the meeting, “business representatives indicated that making progress on this matter is a high-impact objective for national economic activity because it is an issue that concerns us all.”

The proposed free trade agreement between the two countries seeks to establish a “bilateral framework focused on reducing tariffs on a variety of goods, thereby diversifying Venezuelan exports to the North American market, prioritizing products such as shrimp, seaweed, coffee, and cocoa.”

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Recent data on Costa Rica’s economic growth indicate that the first quarter of the year has been positive, thanks to the boost from tourism and trade.

Specifically, sources indicate that “tourism and Costa Rican goods exports marked the first months of 2026 with significant growth, while remaining the mainstays of the country’s economy amidst an international context that authorities describe as complex.”

According to figures from the Costa Rican Tourism Institute (ICT), from January to March the Central American country registered a record 959,738 tourists arriving by air (8.5 % more than in the same period of 2014), marking six consecutive months of growth.

Regarding tourism, it is important to highlight that Costa Rica is home to approximately 6% of the planet’s biodiversity, making it an attractive destination for tourists, in addition to its adventure sports, volcanoes, and beaches ideal for surfing.

Costa Rica’s Minister of Tourism, William Rodríguez, stated: “The current tourism and global context is extremely challenging, but it motivates us to continuously improve our product and strengthen our sustainable tourism development model.”

Regarding exports, which have boosted the economy, data from the Costa Rican Foreign Trade Promoter (Procomer) indicates that in the first quarter of the year, sales of goods reached $3.383 billion, representing a 6 % increase compared to the same period of the previous year.

The main exported products were medical devices, with a 44 % share, mostly from US companies operating in Costa Rica; pineapples (6 %), bananas (4 %), syrups and concentrates for beverages (3 %), and coffee (2 %).

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The meeting between Donald Trump and Xi Jinping, originally planned for March, will now take place in Beijing on May 14 and 15. The two leaders will discuss key issues such as trade, technology, security, and the Middle East conflict.

The two leaders met last October in South Korea. According to White House Press Secretary Karoline Leavitt, “the new date coincides with estimates that the Iran war could end within four to six weeks, although the Chinese government has called for an immediate cessation of attacks and warned that the conflict could spiral out of control.”

Another topic the leaders will discuss is “coordinating positions regarding the war in Ukraine, in an international context marked by geopolitical tensions and trade disputes.”

The US president considered the meeting “momentous” and indicated that he will later receive Xi and his wife, Peng Liyuan, at the White House.

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During a visit to Venezuela this week, representatives of the British government met with their counterparts in Caracas to assess bilateral relations and explore new opportunities in trade, tourism, and education.

In this regard, “Harriet Thompson, Director for the Americas at the UK Foreign, Commonwealth & Development Office (FCDO), and Catherine O’Neill OBE, Deputy Director and Head for Latin America, inspected the facilities of the former Ambassador Hotel during their visit to Caracas and announced its upcoming reopening as the Hotel Londres.”

They also held another meeting with representatives of the Venezuelan-British Chamber of Commerce, with students from the British Council in Venezuela, and with the Chevening Scholarship program, which allows Venezuelans to pursue master’s degrees at universities in the United Kingdom.

Regarding the former Ambassador Suites Hotel, previously owned by the Ambassador chain, a subsidiary of Hilton, it became the Hotel Londres, managed by a British consortium in charge of its renovation since 2022. The initiative between the two governments will transform the hotel into a five-star establishment.

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With the signing of the trade agreement between the United States and Taiwan, tariffs on Taiwanese exports are reduced by 15 %, benefiting US products in local markets.

As international media report, “Taiwan has agreed to eliminate or reduce 99 % of tariff barriers on US products, in addition to providing preferential market access for US industrial and agricultural exports,” including automobiles, meat products, and minerals.

According to the Office of the U.S. Trade Representative, “Taiwan has committed to resolving long-standing non-tariff barriers, such as accepting U.S. vehicles manufactured according to U.S. Federal Motor Vehicle Safety Standards” without additional requirements.

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In Venezuela, the national budget for 2026 has increased fivefold compared to the budget established for the current year. According to information provided by Executive Vice President Delcy Rodríguez, the figure is 5.02 trillion bolivars.

Rodríguez presented the figure to the National Assembly during the first week of December, highlighting that 77.8 % of the resources will be allocated to social investment.

The official also addressed the budget formulation process, explaining that it included popular participation “through community assemblies, which, according to her, aims to ensure that national priorities are linked to the needs of the population.”

In total, the 2026 budget is equivalent to 5,968,785,870 bolivars, representing “a significant increase compared to the 2025 budget, which was 906,459 million bolivars. In nominal terms, public spending has more than quintupled in just one year.”

Social development and community outreach are priorities for next year, as is the defense and security of Venezuela.

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Spain agreed with Cuba on a medium- and long-term Debt Conversion Program of up to €375 million, which will focus on economic growth, as well as social development, investment, and debt relief.

Cuban Minister of Economy, Trade, and Business Carlos Cuerpo traveled to Spain to sign the agreement. He emphasized the importance of this program to “finance sustainable development projects in key sectors such as energy, water, and food security, among others.”

Although this program between Spain and Cuba was agreed upon in 2016, it will be activated in 2025, in line with the multilateral agreement reached within the Paris Club in January.

“This measure represents a significant step in Spain’s commitment to innovative debt relief instruments that are geared toward concrete results and effective cooperation. It is also aligned with the objectives of the 4th International Conference on Financing for Development,” they stated.

It is important to note that these debt conversion programs have the primary objective of boosting economic growth and social development in developing countries “through debt forgiveness and its transformation into high-impact investment projects.”

The funds can be used to finance projects implemented by companies from both countries, and through international organizations and specialized organizations with operational experience in the country.

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Trade between Venezuela and Colombia grew 25.1 % in January of this year, reaching a volume of $80.2 million.

Data published by the Venezuelan-Colombian Chamber (Cavecol) shows that despite the increase, “Venezuelan exports to Colombia experienced a contraction of 7.8 %, remaining at $12.8 million.”

According to Cavecol, this situation is a result “not only of the beginning of the year, but also of the instability in terms of the environment, which is directly related to market confidence and fluidity.”

Among the Venezuelan products whose exports to Colombia grew in January are: fertilizers, iron and steel castings, aluminum and its manufactures, fuels and oils, and organic chemical products.

Regarding imports of Colombian products, a notable increase of 34.2 % was recorded in the first month of 2025, reaching a total value of $ 67.4 million.

“This reflects the high complementarity and efficiency of Venezuelan-Colombian trade in terms of nearshoring, where Colombia can broadly and quickly supply (land transportation and logistics) the demand for Venezuelan products,” indicated Cavecol.

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With information from Finanzas Digital and other national and international media

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