In a journey with the working class of Bolívar state, the president of the Bolivarian Republic of Venezuela, Nicolás Maduro, announced from the Orinoco Steel Company “Alfredo Maneiro”, that Venezuela has achieved a historic investment agreement with the countries of the BRICS group, which represents a strategic advance for the country in its effort to reach Venezuela as an economic power, heading towards a victorious 2030.
The head of state highlighted that these investments have been more complicated due to international sanctions, but that, despite this, investment agreements were reached that will allow the nation to access cutting-edge technology and necessary capital to revitalize and expand state companies: “With these new funds, our industries will become more powerful and better equipped to compete in the new global economy,” he noted.
The national leader emphasized that this achievement is a testimony of the Bolivarian Government’s commitment to the working class and to an efficient management model that rejects privatization. “International investment is key to our Seven Transformations (7T) plan, and will allow us to completely overcome the blockade that has affected our economy,” he explained.