Venezuela's Oil Sector Opens to Investors
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Venezuelas acting president, Delcy Rodriguez, presents a new investment opportunity in the countrys oil sector following the capture of former leader Nicolas Maduro. With recent reforms opening the door to private companies and promising secure returns, Venezuela aims for double-digit economic growth. The oil industry, once crumbling due to corruption and sanctions, now sees a fresh start with new laws allowing private firms to handle production, sales, and pricing, and outside arbitration for disputes.
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