|Chinese, Venezuelan central banks ink cooperation deal|
The central banks of Venezuela and China signed a cooperation agreement aimed at promoting the exchange of information on statistical methodologies, monetary policy strategies and funding mechanisms.
More and more Chinese companies invested in Venezuela in various fields, such as agriculture, livestock, construction, mining and telecommunications. The agreement is a breakthrough for both sides to enhance economic ties. It is important for the two central banks to share experiences, especially on monetary policies and financial stability.
Venezuelan counterpart described the deal as "historic," saying it would facilitate bilateral collaboration.
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Published on our website on July.21, 2014