In March, US President Donald Trump signed an executive order to prevent US citizens and entities under US jurisdiction from using Venezuela's new digital currency Petro Venezuela.
"We’re trying to find ways with our allies and brothers from Russia, from China, from Turkey, from India, which are major economic powers," Arreaza said on Wednesday. "We’re trying to find other alternative ways to answer to Venezuelan people and their fundamental, basic needs."
Venezuelan President Nicolas Maduro created the digital currency with the benefit of not depending on the international monetary system.
The difficult economic situation in Venezuela has led to accelerated inflation and the Venezuelan Bolivar exchange rate collapsed on the black market.
In late March, Maduro announced the denomination of the Bolivar was set for June 4.