Venezuela to offer state assets to private sector, President Rodriguez says
- On Thursday, Venezuela's interim President Delcy Rodriguez announced that the government is assessing which non-essential state assets can be offered to the private sector or returned to their former owners.
- The move could reverse widespread nationalizations ordered by former President Hugo Chavez, which left over a dozen international arbitration claims that remain largely unsettled by the government.
- Rodriguez reported that 44 energy contracts are currently under negotiation following a January oil law, while 61 oil agreements have already been signed amid an ongoing asset audit.
- The president vowed to defend the right to "peaceful protest" and ordered law enforcement not to arrest individuals without a warrant following last week's nationwide opposition demonstrations.
- "Important negotiations are underway in the mining sector," Rodriguez said regarding gold, aluminum, and iron, while the government plans four quarterly minimum wage increases throughout 2027.
21 Articles
21 Articles
Venezuela to offer state assets to private sector, President Rodriguez says
By Anabella González y Sol Amaya, CNN en Español The president in charge of Venezuela, Delcy Rodríguez, gave a message to the country on Thursday, just hours before the press conference called by opposition leader María Corina Machado, in what will be her first message since her return to Venezuela on Sunday. “I have instructed
The interim president of Venezuela, Delcy Rodríguez, said on Thursday, 29, that the government evaluates offering state assets to the private sector and to the former owners. In pronunciation made in national network, Delcy said that the process is advanced. I gave instructions for the non-essential assets held by the state to be evaluated in order to determine...
Venezuela's president-in-charge, Delcy Rodríguez, announced that the government reviews non-essential state assets to offer them to the private sector or return them to their former owners. She also promised elections under the Constitution, although she did not specify a date and ruled out calling them in the short term.
October 29, 2026.- The President of the Republic, Delcy Rodríguez, announced that she had instructed the National Government to evaluate the possible public sale of non-essential assets that are in the hands of the State, as well as the return of others who had been expropriated in previous proceedings.
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