Venezuela Reaches 94% of Electronic Commercial Exchange

On the road to economic transformation, entrusted by President Nicolás Maduro, in the 7T plan, the head of State himself highlighted the significant increase in electronic commercial exchange in the country, reaching a level of 94%.

This achievement reflects the overcoming of the times in which cash was scarce, thanks to perseverance and hard work.

The Dignitary pointed out that currently “the entire Venezuelan population has electronic payment and collection systems, which facilitates commercial and economic activity in general.”

The President stressed that these advances constitute a comprehensive economic strategy that seeks to strengthen the internal economy and, at the same time, strengthen ties with the world economy.

In this sense, “it is vital to strengthen relations with investors,” urged the President.

In his speech, he emphasized that Venezuela is recognized worldwide as a favored and miraculous land for investment in various sectors, including oil, gas, petrochemicals, tourism, food production, iron, steel, aluminum and gold production:

Large international investments have already been discussed and signed, and are expected to materialize throughout 2025.”

He also emphasized the importance of advancing in a process of comprehensive and quality import substitution.

The Head of State described this new stage as an important step towards the consolidation of a new diversified and self-sustaining economic model, which seeks the well-being and prosperity of the Venezuelan people.