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US, Venezuela Restore Diplomatic Ties Amid Mineral Investment Focus

The US and Venezuela reopen embassies and plan joint efforts to boost oil and mining investments, aiming for economic recovery and political transition, officials said.

  • On Thursday in Caracas, the United States and Venezuela agreed to re-establish diplomatic and consular relations.
  • U.S. Interior Secretary Doug Burgum's two-day trip prioritized mining interests, meeting more than two dozen U.S. mining and minerals companies as part of President Donald Trump's push for access to Venezuela's mineral wealth.
  • Venezuela promised safe conditions for foreign mining companies, Doug Burgum said, urging firms to seek help with visas or capital and noting, `I think you're going to see this government very concerned about providing the right kind of security.`
  • Washington has reopened its embassy in Caracas and appointed a new diplomat, which officials said will ease face-to-face negotiations and consular services, helping ensure `oil will flow to America`.
  • The State Department said engagement focuses on a phased process toward a peaceful transition, even as Maduro faces a U.S. trial this month.
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According to Deputy Minister Rander Peña, the embassy will need repairs due to abandonment and incidents in recent years

·Buenos Aires, Argentina
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The reestablishment of diplomatic relations between the United States and Venezuela after seven years implies that both countries formally recognize their official channels of dialogue and cooperation once again, which may include the exchange of diplomatic representatives, the reopening…

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elsiglodetorreon.com.mx broke the news in on Thursday, March 5, 2026.
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