US EditionVenezuela’s acting president calls for oil industry reforms to allow more foreign investment
Acting President Delcy Rodríguez seeks to reform Venezuela's state oil sector to increase foreign investment and allocate oil revenues to health, economic development, and infrastructure.
- On Thursday, Acting President Delcy Rodríguez asked lawmakers in Caracas to approve oil reforms opening the sector to foreign investment during her first state of the union speech, less than two weeks after Maduro was toppled.
- The high court granted Delcy Rodríguez renewable 90-day acting powers, and she faces competing pressures from Washington, the United States, and Maduro loyalists.
- Broadcast on a delay, the speech followed a prisoner-release announcement and supporters inside the presidential palace chanted for Maduro; Rodríguez said on state television after a call with U.S. President Donald Trump she would use `every dollar` from oil sales for health care.
- If lawmakers approve the reforms, oil revenues would be redirected to health and infrastructure, bolstering crisis-stricken health services and attracting foreign investors, a goal Donald Trump, U.S. President, supports.
- Facing divided domestic loyalties and U.S. pressure, Delcy Rodríguez must balance Washington's demands and top security officials while her speeches shift between cooperation and defiance.
60 Articles
60 Articles
In her first speech on the state of the nation, Delcy Rodríguez campaigned for foreign oil investment and strongly condemned the US attack and the arrest of Maduro.
Daily Record
Venezuela’s acting president adapts to post-Maduro reality and signals a new era of US ties
Venezuela’s acting President Delcy Rodríguez says lawmakers in her country should approve reforms to the oil industry that would open the doors to greater foreign investment. The remarks were made Thursday during her first state of the union speech. She…
The interim president of Venezuela presented on Thursday a bill to reform the Hydrocarbons law, while adjusting her relationship with the United States.
Venezuela's Rodriguez proposes oil reform to ease investment
Jan 15 (Reuters) - Venezuela's interim President Delcy Rodriguez said on Thursday she was submitting a proposal to reform the country's hydrocarbon law, as investors in the U.S. push for easier access to the South American country's oil industry. Read full story
Venezuela's acting president pushes oil reforms to lure foreign investment
Venezuela’s acting president Delcy Rodriguez urged lawmakers to approve oil industry reforms to attract foreign investment, linking revenues to social and infrastructure programs amid shifting US engagement.
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