Venezuela urges CAF to become the bank for economic integration and development in Latin America and the Caribbean

The Development Bank of Latin America (CAF), can absolutely count on Venezuela and to become the bank for economic integration and development of this great bloc that should be Latin America and the Caribbean.

This was the message issued by the executive vice president, Delcy Rodríguez, on behalf of the president of the Bolivarian Republic of Venezuela, Nicolás Maduro, at the first meeting of officials of the Development Bank of Latin America.

The executive vice president stressed that regional investments in infrastructure, in energy infrastructure, must be promoted; another fundamental aspect is the development of the productive structure of the region.

In the same way, she gave a guideline for regional integration, in which she invites the member countries of CAF to give priority to production in the Latin American region:

«I believe and I say it, without exaggeration, that it plays a fundamental part of what we are called to be: a great region”, she assured.

Likewise, she highlighted that when some data on Latin America and the Caribbean are studied, it is visualized that it has 48% of the copper reserves, it has 13% of the oil reserves, it has 19% of the ore and iron reserves.