Caracas, Jun 18 (Prensa Latina) Trade between Venezuela and China grew 13 fold in five years from $742 million to over $10 billion, said Venezuelan Trade Minister Eduardo Saman.

In a joint exhibit by 80 Chinese companies and 14 Venezuelan counterparts, Saman said events like this help boost bilateral trade and economic, political, cultural, technological and scientific co-operation and exchange.

Minister Saman reminded that such actions also help brace south-south co-operation as a preamble to establish a new world economic order.

China's stable and fast growth may also help enhance trade with Latin America and Caribbean integration within the Bolivarian Alternative for the Americas (ALBA).

Saman added that Venezuela will boost the ALBA-Asia trade route to increase joint exports.

Prensa Latina, June 18
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