Venezuela: Juan Guaido will open up oil deals to foreign private companies, opposition leader’s US envoy says | The Independent

Venezuela: Juan Guaido will open up oil deals to foreign private companies, opposition leader’s US envoy says | The Independent

“The majority of the oil production that we want to increase will be with the private sector,” he said on Monday.

Venezuela under Mr Guaido would honour all “legal” and “financial” debt, Mr Vecchio said, but suggested it may not honour debt agreements signed by the current regime under Nicolas Maduro in which the country pays creditors with oil.

Amid an escalating row between countries who support Mr Maduro and those who oppose him, Donald Trump over the weekend raised the prospect of sending US troops to the South American country.

via Venezuela: Juan Guaido will open up oil deals to foreign private companies, opposition leader’s US envoy says | The Independent