PetroCaribe Ministerial Meeting Opens in Nicaragua | Radio Cadena Agramonte

Petrocaribe Ministerial Meeting Opens in Nicaragua

Radio Cadena Agramonte

Havana, Cuba, June 28.- The regional energy program known as Petrocaribe is holding its 8th ministerial meeting in Nicaragua, prior to the summit of heads of state and government of the 18-member strong cooperation bloc.

The heads of state will hold their meeting on Saturday, with Bolivia as guest country. President Evo Morales is expected to arrive in Managua on Friday, according to the Communications Council, PL news agency reported.

The summit will pay homage to Bolivarian leader Hugo Chavez, who created, in 2005, the regional energy cooperation bloc, which is made up of  Venezuela, Cuba, Dominican Republic, Antigua and Barbuda, Bahamas, Belize, Dominica, Grenada, Guyana, Jamaica, Suriname, Saint Lucia, Guatemala, Saint Kitts and Nevis and Saint Vincent and the Grenadines.

The summit’s agenda includes the issue of commercial compensation which, for Nicaragua means the increase of its exports of beans, coffee, sugar, meat, cattle and other products in exchange for oil, said the vice-president of Nicaragua’s Albanisa company, Francisco Lopez.(ACN)

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