🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

US says it's still open to talks with Venezuela after Maduro announces meeting

Published 07/02/2024, 03:26 PM
Updated 07/02/2024, 03:31 PM
© Reuters. Venezuela's President Nicolas Maduro attends an event in Caracas, Venezuela July 1, 2024. Miraflores Palace/Handout via REUTERS

By Daphne Psaledakis and Matt Spetalnick

WASHINGTON (Reuters) - The Biden administration remains open to dialogue with the Venezuelan government, U.S. officials said on Tuesday after President Nicolas Maduro said he had agreed to restart direct talks just weeks ahead of a July 28 presidential election in Venezuela.

The officials said the U.S. had previously indicated it welcomed discussions "in good faith" but they stopped short of confirming Maduro’s statement late on Monday that a meeting was now scheduled in coming days.

The Socialist president is seeking a third term in office while Washington has expressed concern about whether he will make good on his promises to hold a free and fair election. Western governments dismissed his 2018 re-election as a sham.

Maduro is now pitted against Edmundo Gonzalez, a veteran ex-diplomat who was named the main opposition candidate after primary winner Maria Corina Machado had a ban on holding office upheld by the Supreme Court, a move condemned by the U.S. at the time.

Machado has since given Gonzalez her backing, and he has built a large lead over Maduro in opinion polls.

The U.S. reimposed oil sanctions on OPEC-member Venezuela in mid-April, accusing Maduro of not fully complying with electoral guarantees he made in deals with the opposition.

Maduro said in a television program that he had accepted Washington's proposal to restart talks with the U.S. "to comply with the agreements signed in Qatar and to re-establish the terms of the dialogue with respect."

Secret negotiations between the U.S. and Venezuela in Qatar late last year helped pave the way to Maduro’s scheduling of elections this month.

"I'm just not going to get into the specifics of our diplomatic engagements beyond just saying that in the context of Venezuela - you've heard us say this before - we of course welcome dialogue in good faith, and we support the Venezuelan people's desire for competitive and inclusive elections on July 28,” U.S. State Department spokesperson Vedant Patel said.

“We are clear-eyed that democratic change will not be easy and certainly requires a serious commitment,” Patel told a daily briefing in Washington.

© Reuters. Venezuela's President Nicolas Maduro attends an event in Caracas, Venezuela July 1, 2024. Miraflores Palace/Handout via REUTERS

Venezuelan official negotiator and National Assembly President Jorge Rodriguez will participate in the talks, Maduro said, without detailing the specific topics to be discussed.

It was not immediately known whether the meeting would be in person or held virtually. A previous meeting between senior U.S. officials and Maduro's representatives took place in Mexico in mid-April.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.