Venezuela and US Confirms High Ranking Talks Have Been Ongoing for Months

The leaders of the U.S. and Venezuela have confirmed high-ranking officials from their respective governments have been engaged in talks “for months.”

It comes less than three days after both Axios and the Associated Press reported that the U.S. had opened secret communications with top members of Venezuela’s socialist administration.

Speaking at the White House during a meeting with his Romanian counterpart on Tuesday, President Donald Trump said: “We are talking to various representatives of Venezuela … I don’t want to say who but we are talking at a very high level.”


West Texas Intermediate graph

Shortly thereafter, Venezuela’s embattled President Nicolas Maduro said during a televised address: “I can confirm that for months that we have had contact.”

Maduro said the aim of discussions was to “normalize and resolve this conflict” between the two countries. However, like Trump, Maduro did not wish to disclose which officials had been engaged in the talks, citing: “various contacts through various channels.”

via CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza