Venezuela, UNCTAD and CAF propose a strategy for sustainable export diversification
MPPRE Press
Published at: 19/10/2026 05:39 PM
The Bolivarian Republic of Venezuela and the United Nations Conference on Trade and Development (UNCTAD) began a series of workshops this Monday, with the objective of promoting and implementing foreign trade mechanisms focused on sustainable development and economic diversification, seeking to transform the country's traditional productive model.
La opening of the colloquium took place in the ministerial tower of the Venezuelan Foreign Ministry and was attended by the Deputy Minister of International Trade, Marynna Saatdjian; the executive vice president of the Development Bank of Latin America and the Caribbean (CAF), Gianpiero Leoncini; the head of the Subdivision for Economic Cooperation and Integration between Countries in Development of UNCTAD, Dr. Stephanie Blackenburg and representatives of ministerial portfolios of the Bolivarian Government, who will define until Friday, October 23, the methodology of the product space to strengthen the Venezuelan export profile.
Deputy Minister Saatdjian, representing the Minister for Foreign Affairs and International Trade, Félix Plasencia González, and on behalf of President Delcy Rodríguez, expressed her pleasure in welcoming the experts from UNCTAD, who are accompanying the country at this second meeting to hold specialized workshops on export diversification strategy in Venezuela.
“Economic diversification not only drives new engines of growth, but it also encourages import substitution, foreign exchange savings, job creation and the revitalization of production chains. In addition, prioritizing key sectors within this strategy makes it easier to attract international business partners, by presenting viable and structured investment opportunities,” he reiterated.
The CAF representative said that this training program “represents the impetus to contribute and identify concrete opportunities for the production and export of internationally recognized items and the creation of stable legal frameworks that encourage private investment.”
For her part, the prominent German economist and head of Economic Cooperation at UNCTAD, Stephanie Blankenburg, indicated that this effort is part of the cooperation project between Caracas, CAF and UNCTAD, focused on the development of strategies for the diversification of the exports of the South American nation.
MPPRE