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Bolivia to ship second batch of clothing to Venezuela
06
Dec '11
Bolivia, a land-locked country in central South America, is gearing up to dispatch the second lot of clothing items to Venezuela, a tropical country on the northern coast of South America.

The Bolivian Ministry of Productive Development and the Plural Economy said the country will ship the second consignment of 60 tons of clothing items to Venezuela very soon.

In adherence to the decision taken at the Bolivia-Venezuela business conference that took place in Cochabamba in June this year, Bolivia shipped its first consignment of clothing products worth US$ 2.2 million to Caracas, the capital and largest city of Venezuela, on November 16.

The first consignment also weighed 60 tons and it included clothing items like polo shirts, shorts, slacks and blouses produced by Bolivian firms like Novotel, AMETEX, Villa Imperial, Boshami and IMTEX. The same were procured by Venezuelan firms like Fiz and Taslan.

Fair trade is an ingredient of the agreements entered into by the Bolivarian Alternative for the Peoples of Our Americas (ALBA). These agreements inked by the two countries facilitate commercial transactions between the micro, small, medium and large scale clothing producers of the two countries through the ALBA Bank and the Unified System for Regional Compensation (SUCRE).

Fibre2fashion News Desk - India

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