Venezuela assumed vice presidency of the OPEC Fund for International Development
Venezuela ratified its commitment to the development of emerging economies by assuming the vice presidency of the OPEC Fund for International Development for the period 2024-2025
The Venezuelan Vice Minister of Digital Economy, Banking, Insurance and Securities, Román Maniglia announced on Thursday, June 27, that the country assumed the vice presidency of the Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development (OFID) for the period 2024-2025.
Venezuela shows its commitment to the development of emerging economies and will be at the head of said vice presidency to accompany, especially, “the countries of the global south, with a pluripolar and multicentric vision,” according to Maniglia in his account on social network X.
The official participated in the 45th OFID Ministerial Council, with a packed agenda that included “attendance at the III OFID Development Forum, the 188th Board of Governors and a bilateral meeting with Dr. Abdulhamid Alkhalifa, president of the OPEC Fund”, where Venezuela’s key role in this important financial multilateral was ratified.
It is timely to remember that the OPEC Fund for International Development “is the only development institution with a global mandate that exclusively provides financing from member countries to non-member countries.”
Cumpliendo las instrucciones del Pdte @nicolasmaduro participamos en el 45º Consejo Ministerial del Fondo OPEP para el Desarrollo Internacional (OFID), en el que Venezuela asume la Vicepresidencia para el período 2024-2025 de esta instancia. pic.twitter.com/IwveyKC99x
— Román Maniglia (@romanmanigliave) June 27, 2024
M.Pino
Source: elciudadano
(Reference image source: Unsplash+, in collaboration with Getty Images)
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