Venezuela reiterates commitment to Caribbean despite US sanctions

Venezuela has reiterated its commitment to the development of the Caribbean region, despite US sanctions.

Addressing the 53rd board of governors meeting of the Barbados-based Caribbean Development Bank yesterday, Ambassador Raul Licausi, who is Alternate Governor for Venezuela, said Caracas welcomes the approach being adopted by the CDB that focuses on access to financing.

He said it is very relevant for the current economic situation, as it is a fundamental aspect of the development process in emerging economies.