The Venezuelan government has initiated a new Special Economic Zone (SEZ) aimed at enhancing agricultural and livestock production in six states: Anzoátegui, Bolívar, Delta Amacuro, Guárico, Monagas, and Sucre. Announced by President Nicolás Maduro, this move seeks to diversify exports, innovate in production, and bolster the industrial sector through selective import substitution. It aligns with the Agroindustrial Engine of the Bolivarian Economic Agenda and the Great Agro Venezuela Mission. Additionally, a decree to boost livestock product exports, including live animals and frozen meat to markets like China, was signed, adhering to specific health protocols. The establishment of the Agricultural Exchange in May 2022, with a $2 million investment, is also noted as a significant step to meet the financing needs of the agroindustrial sector.