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• 12 / 10 / 2008

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The Economy Ministers of the Bolivarian Alternative for the Americas (ALBA) arranged in Caracas the creation of a common currency.

Venezuelan Economy and Finance Minister Ali Rodriguez said they talked of a virtual currency called Regional Unique Compensation System (SUCRE).

Rodriguez told Venezolana de Television that the agenda included energy and territorial integration to help break the isolation hurting our countries.

This meeting precedes the December 14 Summit of ALBA, made up of Bolivia, Cuba, Dominica, Honduras, Nicaragua and Venezuela, plus Ecuador as observer.

(ACN)