AGP Executive Report
Last update: 5 hours agoEnergy Diplomacy: Venezuela’s acting president Delcy Rodríguez is pushing deeper oil and industrial ties in India, touring the Jamnagar refinery and meeting Essar and Tata to back renewable power projects and technology transfer for Venezuela’s electricity system. Inflation & Industry Costs: Venezuela’s Central Bank reported May inflation at 6.3%, the lowest in 19 months, citing exchange-rate stability and support for domestic production—key for keeping industrial input costs manageable. Agriculture & Food Supply: The Agriculture ministry is working with communes to strengthen the Community Sowing Plan to boost production of priority food items amid sanctions. Tourism Investment Push: Venezuela’s tourism minister promoted the country’s tourism offer to Russia’s Eurasian market at the St. Petersburg forum, pitching investment in tourism infrastructure and renewed market connections. Mining Security Warning: A new report highlights how gang control and guerrilla “syndicates” can block mining development in Venezuela’s Orinoco Mining Arc, raising risks for investors.
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