Fedecamaras calls for U.S.-Venezuela negotiations after President Trump’s cancellation of Chevron’s operational license, warning of severe economic impacts on businesses in Venezuela.
Fedecamaras, the Venezuelan business guild, has urged for the resumption of negotiations between the United States and Venezuela following President Donald Trump’s termination of a license that allowed Chevron to operate within the nation. This decision is anticipated to have significant negative repercussions on Venezuela’s economy as it may affect a multitude of businesses across various sectors.
In a statement released on Wednesday, Fedecamaras expressed deep concern regarding the potential economic ramifications, describing the situation as potentially severe. The guild has officially requested that both the U.S. and Venezuelan administrations reopen dialogues to address these pressing issues and find a constructive path forward.
In summary, the cancellation of Chevron’s operating license by President Trump has prompted Fedecamaras to call for renewed talks between the U.S. and Venezuela. They underscore the potential economic damage that could ensue and advocate for bilateral discussions to mitigate negative impacts on the Venezuelan economy.
Original Source: www.marketscreener.com
