US EditionUS ‘Welcomes’ Chinese Oil Investment in Venezuela
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8 Articles
President Donald Trump said he welcomes China’s and India’s investment in Venezuela’s oil industry. “China is welcome and will reach a very important agreement on oil,” Trump told the press during a flight to Mar-a-Lago on the Air Force One. He added that the United States is working with India on an agreement to buy Venezuelan oil. “India is coming and buying Venezuelan oil, rather than buying it from Iran,” he said. “We’ve already closed the a…
Trump Welcomes China, India Investment in Venezuelan Oil
US President Donald Trump said he welcomes investment by China and India in Venezuela’s oil sector, signaling a major shift in Washington’s approach to Caracas as sweeping regulatory changes reshape the country’s energy industry and redirect crude exports.
This week the National Assembly of Venezuela passed a law to open the oil sector to foreign investment.
The President of the United States, Donald Trump, said on Saturday (31) that he would accept Chinese investments in the Venezuelan oil industry, which tried to restore his economy after the fall of President Nicolas Maduro. “China is welcome to come and make a great deal of agreement on oil. We are welcome to China,” Trump said to the press on board the Air Force One presidential plane. However, the Republican reaffirmed that Washington is “in” …
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