CARACAS, Venezuela (AP) — Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that opens the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
The reform will undoubtedly be her government’s signature policy as it positions the oil sector – Venezuela’s engine – to lure the foreign investment needed to revamp a long-crippled industry. Rodríguez enacted the measure less than a month after the brazen seizure of then-President Nicolás Maduro in a U.S. military attack in Venezuela’s capital, Caracas.
Rodríguez, facing oil workers and ruling-party supporters, signed the bill less than two hours after the National Assembly approved it. At the same time, the U.S. Department of Treasury officially began to ease punishing economic sanctions on Venezuelan oil, which were imposed by the first Trump administration, and expanded the ability of U.S. energy companies to operate in the South American nation.Welp looks like the 2nd in charge wants more private investment. I wonder why that may be?
Easy, buddy, because she has to obey orders from the United States. She's just a puppet.
“You're more likely to see a random, fortuitous event in a soccer game played by 5-year-olds than in the game of politics.”
Politics is something that works in an opaque way, and everything is carefully planned before it is executed.
It could be an expected scenario.