Maduro: Venezuela awaits U.S. investments

Venezuelan President Nicolas Maduro said the country is ready for American investments in the oil sector and for cooperation with the US in combating drug trafficking. Maduro stated that Washington's accusations of Caracas's involvement in drug trafficking are "unfounded" and "used as a tool of political pressure." The president emphasized that Venezuela is seeking ways to expand its energy industry and strengthen economic ties with the West.

Context

In recent years, Venezuela has remained under pressure from the international community, yet the government is striving to find new economic alliances, including potential projects with foreign partners.