Expoforo business forum “Venezuela Productiva 2030” drives alliances for a sustainable and competitive economy

For three days, more than 100 companies, 45 panelists, and representatives from the public, private, and academic sectors, as well as international cooperation, are meeting at the Hotel Renaissance La Castellana in Caracas to promote the country’s sustainable productivity. The event is organized by the United Nations Development Programme (UNDP), the Venezuelan Chamber of the Food Industry (CAVIDEA), and the Development Bank of Latin America and the Caribbean (CAF).

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UNDP: Venezuela Grows in 2025, but Oil Rebound Clashes with Inflation and Sanctions

The Venezuelan economy shows a mixed performance in 2025: GDP grew by 7.7% in the first half of the year, driven by oil production, which reached its highest levels since 2019, and the government implemented increases in public sector income. However, inflation, the devaluation of the bolivar, and U.S. oil sanctions threaten to undermine these advances, according to a report by the United Nations Development Programme (UNDP).

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