The government of Venezuela and the opposition will restart talks, both sides said Monday, as sources added that the United States reached a preliminary agreement to ease sanctions if the president Nicolas Maduro fulfills its commitments related to the 2024 elections.
Government delegations are expected to Ripe and the opposition sign an agreement linked to elections in Barbados this week, and the United States will quickly grant further easing of sanctions, according to two people in Washington familiar with the matter.
The deal could include the issuance of a license from the Treasury Department, the sources said.
The return to dialogue was announced in a statement by Norwayfacilitator of the negotiations, which seek a way out of the prolonged political and economic crisis of Venezuela.
The Government of Venezuela and the Unitary Platform “have decided to resume the process of dialogue and negotiation with the aim of reaching a political agreement”the statement added.
The opposition will hold a primary election on Sunday to choose its candidate for 2024. Maduro is expected to run for re-election but has not yet formalized his candidacy. Oil prices fell on Monday on reports of a possible easing of sanctions, while investors continued to reflect on the possible impact of the escalation of the conflict between Israel and Hamas on crude oil prices.
Reuters reported last week, citing five sources, that Venezuela and the United States had advanced talks that could allow at least one additional foreign oil company to take Venezuelan crude oil to pay off its debt if Maduro resumed negotiations with the opposition.
Source: Gestion
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