Principal currencies of Latin America fall due to the devaluation of Chinese Yuan

The future trade agreement will create an integrated market of 400 million people with a combined GDP of 7 trillion dollars, seeking to consolidate economic security, supply chain diversification, and access to agricultural and industrial markets.

A sharp increase in bilateral shipments during the second quarter of 2026 positions Venezuelan crude as a key alternative for Indian supply, historically accounting for nearly 80% of the Asian nation’s total imports from the South American country.

Organized by SELA and the Chinese Academy of Social Sciences (CASS), this forum will take place in Zhengzhou, China, on August 17 and 18, 2026. The event aims to enhance economic connectivity and foster shared prosperity through high-level strategic dialogue.