Venezuelan Companies Inaugurate the “Made in Venezuela” Expo-Fair in Istanbul
The Venezuelan government activated the “Made in Venezuela” plan as the central axis of its economic diversification policy, seeking to…
Economy
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What Does OPEC’s Monthly Report Say About Venezuelan Oil in May?
The monthly report from the Organization of the Petroleum Exporting Countries (OPEC) records stable oil production for Venezuela in May.
Venezuela and Turkey Strengthen Economic Ties with Creation of Cavetur and Bet on Special Economic Zones
This week, a significant event took place where the first board of directors of the Venezuelan-Turkish Economic Integration Chamber (Cavetur) was sworn in. This new body aims to boost trade between Venezuela and Turkey. The goal is clear: reach $3 billion in trade exchange within the next three years, focusing on investments, tourism, and Special Economic Zones.
Iran and Venezuela close to signing free trade agreement
Iran and Venezuela are approaching the finalization of a trade agreement that will eliminate tariffs on raw materials and other goods between the two nations.
Venezuela Was Included in EU’s High-Risk Money Laundering List
The European Commission, the executive branch of the bloc, announced that the decision was made following a “thorough evaluation” and…
Caracas Stock Exchange and UNDP to Create Financial Sustainability Index
The Caracas Stock Exchange and the United Nations Development Programme (UNDP) will create Venezuela’s first Financial Sustainability Index.
OVF: Venezuela’s May Inflation Rises to 26%
The Venezuelan Finance Observatory (OVF) recorded a sharp increase in prices in May, reporting an alarming monthly inflation rate of 26%.
Venezuela Plans a 50% Increase in Gasoline Prices, According to Bloomberg
The increase would have an immediate and profound impact on Venezuelans’ wallets, directly affecting transportation and trade costs. Photo: Archive…
What do we know about the new oil contracts in Venezuela?
An alleged list of companies that signed “productive participation contracts” (CPPs) with PDVSA was recently leaked. There has also been talk of…
New value of the Unidad Tributaria: Essentials for taxpayers and businesses
The recent increase in Venezuela’s tariff tool was set at a rise of 377.7% compared to its previous value fixed…