A rice shipment from Venezuela to Cuba will become the first trade transaction done using Sucres ("Unitary System for the Regional Compensation of Payments").
The announcement was made by Venezuela
n president Hugo Chávez
"Sucre is a common accounting unit, not a physical currency. It was adopted by Alba member countries in 2009 for exchanging products, freeing them from using the U.S. dollar", reported Epa.
Alba (Bolivarian Alternative of the Americas), is composed by Cuba
, Venezuela, Nicaragua, Bolivia
, Ecuador, Honduras, Dominica, Antigua y Barbuda and Saint Vincent and the Grenadines.