Fedecamaras has called for renewed discussions between the U.S. and Venezuela after the cancellation of Chevron’s license, warning of severe economic impacts.
Fedecamaras, a significant business guild in Venezuela, has urged the United States and Venezuela to recommence dialogue following the cancellation of a crucial operating license for Chevron by President Donald Trump. This decision could adversely affect the Venezuelan economy, according to a statement released by the guild.
The potential repercussions of the license revocation extend across various sectors, prompting Fedecamaras to emphasize the necessity for cooperative discussions between the two nations. The organization highlighted the urgency of reviving negotiations in light of the economic challenges that may ensue.
In summary, Fedecamaras advocates for renewed talks between the U.S. and Venezuela, recognizing the severe economic ramifications that could arise from the recent Chevron license cancellation.
In light of potential adverse economic impacts due to the Chevron license cancellation, Fedecamaras has called for the United States and Venezuela to reinstate negotiations. The guild’s request underscores the urgency for cooperation between the two nations to mitigate the looming economic challenges facing Venezuela.
Original Source: www.marketscreener.com
