News
Show news feed

Venezuela’s battling political factions restarted negotiations on Saturday in Mexico, signing a rare deal to work together on a humanitarian spending plan and setting the stage for the US to ease restrictions on Chevron Corp. to operate in the country, Bloomberg reported.

Representatives of the Venezuelan government and the opposition signed a humanitarian agreement that seeks to get access to some of the country’s frozen funds abroad and using them to reinforce the public health system and the electrical grid, among other purposes.

Also, the parties agreed to request support from the United Nations to implement a program in the country—and which includes "creating a joint trust fund to protect the people of Venezuela." Various representatives will monitor the implementation of the agreement.

In addition, Chevron received a six-month license that allows the company to produce oil or petroleum products in Venezuela and resume crude oil exports under a general license from the US Treasury Department.

If the talks continue in the next rounds of negotiations, the opposition plans to put pressure on the government in order to create conditions for the 2024 presidential elections in Venezuela.

!
This text available in   Հայերեն and Русский
Print
Photos