Maduro underscored the role of ALBA-TCP as an alternative to neoliberalismVenezuela's President Nicolás Maduro urged on Wednesday for a more humane world's economic system in the face of the COVID-19 pandemic impact.

Caracas.- On inaugurating the high-level video conference of the Bolivarian Alliance for the Peoples of Our America- Peoples Trade Treaty (ALBA-TCP), the president called for a world society that respects the life and traditions of the peoples, in a context marked by the crisis triggered by the health emergency.

In that sense, Maduro underscored the role of ALBA-TCP as an alternative to neoliberalism in all its forms of expression, to become a true humanist and revolutionary alliance for the integration of the countries of the region.

The head of State highlighted the joint efforts of the member nations of the regional bloc in fighting against the COVID-19 pandemic.

Likewise, Maduro ratified the commitment to strengthen the cooperation mechanisms attached to ALBA-TCP, including the PetroCaribe collaboration deal on energy issues, the ALBA Bank and the Unitary Regional Compensation System (SUCRE) as a common account unit for trade exchange.

The ALBA-TCP's video conference addressed today the weaknesses and strengths, as well as the common challenges faced by the nations of the bloc once the health emergency is overcome.

The meeting was attended by presidents and prime ministers of Cuba, Nicaragua, Dominica, Antigua and Barbuda, Saint Vincent and the Grenadines, Granada and Saint Kitts and Nevis, among other invited personalities. (PL)