Caracas, March 29, 2025 – Jorge Arreaza, Executive Secretary of the Bolivarian Alliance for the Peoples of Our America – Peoples’ Trade Treaty (ALBA-TCP), announced this Saturday that the Agroalba Exhibition will take place from April 24 to April 27, showcasing the productive potential of the alliance’s member countries.

Closing the discussions at the 25th ALBA-TCP Political Council, held in Caracas as agreed during the 12th Extraordinary Summit of ALBA Heads of State on February 3, Arreaza emphasized that following this meeting, a gathering of Ministers of Agriculture, Fisheries, Trade, and Economy from ALBA-TCP countries is scheduled as part of the Agroalba Exhibition.

“We will request input from all member countries to organize the exhibition and the ministerial meeting. At that event, we will receive the findings of a study conducted by the Latin American Economic System (SELA) on the economies, productive potential, and commercial capacities of our nations—findings that have been endorsed by their respective governments,” he explained.

The Executive Secretary stated that once these aspects are in place, it will be possible to begin constructing a matrix for economic complementarity among our economies. “Of course, we must also address logistics—just as we need ships and aircraft for trade, we also need payment mechanisms,” he remarked, referencing the ALBA currency as an example.

Regarding the Sucre, he noted that this currency must be reassessed in light of new technologies. He also urged the development of catalog-based trading mechanisms to enable member countries to overcome obstacles and external aggression by paying for exchanged goods in their own currencies in the future.