COMUNICACIONES / NOTICIAS
Caracas.- Petróleos de Venezuela, S.A. (PDVSA) is participating at the second Annual Meeting of the Asian Infrastructure Investment Bank (BAII), which is being held June 16 - 18 in Seoul, South Korea. BAII encourages economic development and integration between Asia and the rest of the world.
The Venezuelan delegation is headed by PDVSA Vice President of Finance Simón Zerpa Delgado, among the 2,000 participants to the event including finance ministers and central bank governors from 77 countries.
The largest oil reserves in the world and PDVSA’s soundness back up international investment in Venezuela. As a matter of fact, Venezuela’s participation at the second annual BAII meeting opens the door for access to resources, development financing and support for social investment –key benefits that can be obtained.
The Venezuelan delegation's agenda included a working meeting with President of HYUNDAI Soo-Hyun Jung to discuss the progress of Puerto La Cruz Refinery’s Deep Conversion Project in Anzoátegui state.
More than 30 companies and national and international bodies will have the opportunity to present their advances in technology and infrastructure matters such as smart city, transportation means, water resource management, green energy and 5G mobile telephony.
Latin American countries such as Brazil, Bolivia, Chile, Peru and Venezuela are BAII members, as well as Armenia, Fiji, Hong Kong, East Timor, Belgium, Canada, Ethiopia, Hungary, Ireland and Sudan.
BAII’s membership reaffirms Venezuela’s importance in global economic geopolitics, as it is one of the most influential economic mechanisms in the global financial architecture.
This alliance confirms the economic strength and investor confidence in Venezuela, and delivers serious blow to the international right which fails once again to isolate the Nation, as it now becomes a member of one of the most solid investment banks in the world.
