Venezuelan Government seeks to expand alliances with China and Russia from UNIDO.

This Monday, José Biomorgi, Vice-Minister of Industrial Development, met with the ambassadors of the People’s Republic of China and the Russian Federation accredited in the Bolivarian Republic of Venezuela, Li Baorong and Sergey Mélik-Bagdasárov, respectively, intending to strengthen the cooperation ties that the South American country maintains with Beijing and Moscow.

In each meeting, held at the International Center for Productive Investment, the conversations focused on Venezuela’s interest in consolidating the cooperation alliance with these nations within the framework of the United Nations Industrial Development Organization (UNIDO).

This international mechanism was established by the General Assembly of the United Nations in 1966 as a body in charge of promoting and accelerating industrialization in developing countries.

Next week, from November 29 to December 3, will be held in Vienna the 19th session of the General Conference of UNIDO, its highest policy-making body. The Bolivarian Republic of Venezuela will ratify its intention to continue expanding cooperation with the Organization.

The Venezuelan Government is currently designing a medium-term industrial development plan to strengthen various sectors of the national economy, including public and private institutions.

The policies contemplated in this instrument are closely related to the Homeland Plan 2019-2025 and the 18 motors of the Bolivarian Economic Agenda, as a mechanism that promotes the construction of a new economic scheme in the country.

Cooperation with UNIDO

The Bolivarian Republic of Venezuela and UNIDO are executing the Industrial Updating and Modernization Program for Venezuela, contemplated in the 2018-2024 Country Program subscribed in 2018.

The International Organization has been developing technical cooperation activities in the South American country in the agricultural and agro-industrial areas.

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