Venezuelan Business Guild Urges U.S.-Venezuela Talks After Chevron…

Fedecamaras, a Venezuelan business guild, is urging renewed U.S.-Venezuela talks following the cancellation of Chevron’s operating license, fearing significant economic impacts on businesses. The guild emphasizes the need for dialogue to address these challenges.

The Venezuelan business guild Fedecamaras has urged both the United States and Venezuela to engage in renewed discussions following the cancellation of a vital license that permitted Chevron to operate in Venezuela. This decision by President Donald Trump threatens to have a significant adverse effect on the country’s economy, according to Fedecamaras. The guild emphasized that the impacts of this cancellation could extend to a multitude of businesses across various sectors.

Fedecamaras articulated its position in a statement released on Wednesday, highlighting the necessity for constructive dialogue. “We call on the governments of the United States and Venezuela to restart conversations,” stated the organization, advocating for a collaborative approach to mitigate the impending economic challenges. The appeal signifies a push for diplomatic engagement between the two nations amidst challenging circumstances in Venezuela’s oil industry.

In summary, Fedecamaras has called for a resumption of dialogues between the United States and Venezuela in light of Chevron’s license cancellation, stressing the potential economic repercussions. The organization seeks to foster bilateral discussions to address the challenges arising from this decision affecting various sectors within Venezuela’s economy.

Original Source: www.marketscreener.com