Venezuela’s Acting President Rodríguez Says Sanctions Must Be Lifted to Develop Economy & Provide Security for Investors - Abolish Capital!
In order to facilitate the development of Venezuela’s economy and to provide
security for investors, Venezuela has again demanded that the United States lift
the illegal sanctions and blockade that it has maintained against the country
since 2014. The request was made this Tuesday, March 24, by Acting President
Delcy Rodríguez. “Politics also speaks, and we have asked President Trump, for
the benefit of investors, not only for Venezuela, which needs it, that there be
no sanctions against Venezuela or its economy, but also for investors,” she
stated during a meeting with national and international investors. “A license
does not provide the necessary certainty for a long-term investment.” From
Miraflores Palace, the seat of the national government in Caracas, she cited as
an example the case of the US transnational Chevron, which at one point was
granted a license by the US regime. The license was then taken away
[https://diariovea.com.ve/arrecia-ataque-imperial-cancelada-licencia-a-chevron/]
by the US regime, and then it was granted again
[https://diariovea.com.ve/maduro-chevron-fue-informada-de-la-concesion-de-licencias-para-seguir-sus-operaciones-en-venezuela/].
In that context, she emphasized that both the United States and Venezuelan
governments must create “real conditions for investments in the country to
develop in the short, medium, and long term. That’s why I speak about building
real long-term bilateral relations; solid, with solid political and economic
foundations.” She added that there must be “a clear cooperation agenda, and that
is where I call for the legal environment of both countries to provide security
to the investor.” “That is why we have insisted that the sanctions against
Venezuela must cease, both as a matter of law but also so that investors feel
confident that their investments here have a legislative and legal framework
that provides them with that security,” she said. After launching a military
attack on Venezuela in the early hours of Saturday, January 3, and abducting
the Constitutional and legitimate president, Nicolás Maduro
[https://diariovea.com.ve/visita-consular-a-maduro-y-cilia-flores-confirmada-por-diosdado-cabello/],
the Trump regime has issued licenses lifting a series of restrictions that they
themselves unilaterally imposed
[https://diariovea.com.ve/trump-amenaza-con-imponer-aranceles-de-25-a-paises-que-compren-petroleo-venezolano/]
for 12 years against the Venezuelan hydrocarbon sector in their eagerness to
destroy the Venezuelan economy and overthrow the national government. It is
worth noting that most of these “licenses” cover authorizations for US
industries; however, they also include restrictions on countries that the US
considers its enemies
[https://diariovea.com.ve/licencia-46-que-si-que-no-analisis-de-william-castillo/]:
China, Russia, Iran, North Korea, or Cuba. On February 18, the US regime
extended
[https://diariovea.com.ve/eeuu-y-su-constante-arremetida-prorrogo-bloqueo-contra-venezuela/]
for another year the sanctions imposed on March 8, 2015, by then-President
Barack Obama, in Executive Order 13692, which laughably declared Venezuela as an
“unusual and extraordinary threat
[https://diariovea.com.ve/hallazgo-informes-publicos-de-inteligencia-gringa-demuestran-que-venezuela-nunca-ha-sido-amenaza-para-eeuu/].”
Since 2015, both Obama and the presidents who succeeded him, namely Donald Trump
in his first term (2017-2021) and in his second (2025-)
[https://diariovea.com.ve/venezuela-denuncia-uso-de-sanciones-como-instrumento-de-transnacionales/],
as well as Joe Biden (2021-2025), have imposed more than a thousand sanctions
[https://diariovea.com.ve/eeuu-y-su-constante-arremetida-prorrogo-bloqueo-contra-venezuela/]
on Venezuela. This is the fifth time in the last two months that the acting
president has asked the Trump administration to lift the sanctions against
Venezuela
[https://diariovea.com.ve/delcy-rodriguez-a-petro-no-se-puede-aranceles-cero-porque-venezuela-esta-sancionada/].
One of those requests was on March 14, when she rejected Colombian President
Gustavo Petro’s proposal for zero tariffs on all bilateral trade, citing the
inequality caused by US sanctions against the nation. “President Trump, this is
the sentiment of our people, but it is also the way for Latin America, which you
have referred to, to move forward together with balanced and equitable growth,
where Venezuela also contributes to regional growth,” Rodríguez stated on March
14. “From here, Venezuela, in national unity, calls for the lifting of
sanctions, the end of the blockade, and the establishment of cooperative,
friendly, and collaborative relationships based on equality and respect.” On
February 26, 2026, 48 hours after Donald Trump referred to Venezuela as a “new
partner and friend,” Acting President Delcy Rodríguez addressed a message to the
US president requesting that he end the blockade and sanctions against the
nation
[https://diariovea.com.ve/delcy-rodriguez-a-trump-como-amigo-y-socios-de-eeuu-que-somos-cese-el-bloqueo-y-las-sanciones/].
That was the first appeal. The following day, February 27, the acting president
of Venezuela again demanded an end to the economic blockade imposed by the US
[https://diariovea.com.ve/presidenta-encargada-reitera-exigencia-a-eeuu-ya-no-mas-bloqueos-contra-nuestro-pais/]
against the country, calling for a reminder that it has significantly affected
the local economy due to the restrictions placed on industries in the
hydrocarbon sector. On March 2, Rodríguez again asked the US president to lift
the blockade and the unilateral coercive measures that his country maintains
against Venezuela. Guaranteed investments
This Tuesday, March 24, after expressing her satisfaction with the presence of a
delegation of international and national investors, the acting president
highlighted that this sector has guarantees so that its investments can develop
extensively. She affirmed to investors that “those who think, believe, based on
the numbers and the analyses, that this is a good time and that Venezuela is a
good place to invest, should know that they have guarantees, legal security,
political security, stability, and peace of mind so that their investments can
develop extensively, not only in the hydrocarbon sector, where there are many
opportunities, but also in the mining sector.” She noted that Venezuela, in
addition to having the largest oil reserves on the planet, also has “one of the
largest gold reserves in the world,” as well as reserves of bauxite and
diamonds—”gigantic reserves that undoubtedly become a space for investment and
development. ” She recalled that these large resources should have an impact on
the development of the national economy and on Venezuelan industry. “That’s why
I am so pleased that you can have meetings with Venezuelan businesspeople,
because it allows you to know that there are business chambers here for each
sector and that you can talk with your counterparts in the country and form
alliances that will boost the national industry and the Venezuelan productive
sectors,” she added. She emphasized that the meetings between international
investors and productive sectors, entrepreneurs, and businesspeople in Venezuela
allow the parties to follow a joint path “so that we can move forward and so
that you can see firsthand the progress we have made in the economic sphere and
environment.” The event was attended by the Vice President of Economy and
Finance Calixto Ortegam the Minister of Ecological Mining Development Héctor
Silva, the Minister of Hydrocarbons Paula Henao, and the Minister of Economy,
Finance, and Foreign Trade Anabel Pereira. The Mining Law will be approved
within hoursThe acting president informed investors that the Organic Law of
Mines, currently being debated in the National Assembly, is expected to be
approved this week. She stated that the law “makes significant progress in
international standards and protocols for investment and mining and in business
models for the mining sector.” In that regard, she noted, “There is tax relief
being introduced” in the legislation, which will be approved between Wednesday
and Thursday of this week. She indicated that this “is very good news for
sectors that want to invest in this area.” The National Parliament approved, in
its first discussion, on Monday, March 9
[https://diariovea.com.ve/an-aprobo-en-primera-discusion-ley-organica-de-minas/],
the Organic Law of Mines Bill, whose objective is to promote national and
international investment in the country’s mining sector. Rodríguez emphasized
that Venezuela is making progress in important legislative reforms that can
provide greater legal certainty to investors in the country. In that context,
she recalled that the first law that was reformed was the Organic Hydrocarbons
Law, “which took very important steps, based on experience that we had, in the
last two years, established within the framework of the economic blockade and
sanctions, a legislative framework that allowed for creative forms of
association with both national and international investment sectors, one of
which became very famous, which is the CPP, Productive Participation Contract in
Hydrocarbons.” > “We’re Playing the Caribbean Game”: Franco Vielma on
Venezuela’s Hydrocarbons Law and Strategic Resistance
[https://orinocotribune.com/were-playing-the-caribbean-game-franco-vielma-on-venezuelas-hydrocarbons-law-and-strategic-resistance/]
Regarding the CPPs, she said on Tuesday that the contract allowed the investment
of nearly one billion dollars in 2025 to “allow us to recover 200,000 barrels of
oil,” that is, to increase production. “This type of business partnership is
incorporated into the new Hydrocarbons Law,” she explained. “The reform also
includes a new tax regime, with special incentives for investment in green
fields, which were not previously considered but rather treated the same as type
A fields, the brown fields. Now they have a practically new system, a tax regime
for investments that allows for a faster recovery of the investment made in the
country in these green fields.” On Thursday, January 29, before an audience of
oil sector workers and deputies to the National Assembly, the acting president,
Delcy Rodríguez, promulgated the partial reform of the Hydrocarbons Law
[https://diariovea.com.ve/promulgada-reforma-de-la-ley-de-hidrocarburos-evidencia-unidad-de-venezuela-por-la-felicidad-del-pueblo/],
which was unanimously approved hours earlier
[https://diariovea.com.ve/an-sanciona-por-unanimidad-reforma-de-ley-organica-de-hidrocarburos/]
by the National Assembly. On March 24, Rodríguez emphasized that Venezuela, in
addition to having the largest crude oil reserves on the planet, wants to be an
oil-producing powerhouse. Finally, she added that the national government
maintains a working agenda with companies that are arriving in the country.
(Diario VEA
[https://diariovea.com.ve/bajarle-dos-a-las-licencias-asomo-venezuela-a-trump/])
by Yuleidys Hernández Toledo Translation: Orinoco Tribune OT/JB/SL — From
Orinoco Tribune – News and opinion pieces about Venezuela and beyond
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