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05-12-2011 15:39 Bolivia

Bolivia exports cloths to Venezuela under ALBA bloc agreement

LA PAZ, Dec 5 (NNN-PRENSA LATINA) - Bolivia through its Ministry of Productive Development and Plural Economy is exporting its second shipment of 60 tons of clothing to Venezuela.

Huascar Ajata, deputy minister of Domestic Trade and Exports said the shipment will be sent later today from Viru Viru international airport in Santa Cruz.

Ajata said the first shipment of cloths to Caracas was sent on Nov 16, also consisting of 60 tons of clothing which included blouses, polo shirts, slacks and shorts from companies such as Villa Imperial, Novotel, Boshami, IMTEX and AMETEX for a total of US$2.2 million.

The shipments are being sent under the "fair trade" part of an agreement under the Bolivarian Alternative for the Peoples of Our Americas (ALBA), of which both countries are members.

The agreement between Bolivia and Venezuela allow micro, small, medium and large producers of the clothing industry to make commercial transactions through the ALBA Bank and the Unified System for Regional Compensation (SUCRE).

The items were purchased by Venezuelan companies like Taslan and Fiz, following the Bolivia-Venezuela business conference held in Cochabamba in June, he said.


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