Fedecamaras, a Venezuelan business guild, has called for the US and Venezuela to resume negotiations following the cancellation of Chevron’s operating license, citing possible severe economic impacts. They emphasized the need for dialogue to mitigate repercussions for various businesses.
Fedecamaras, a prominent business guild in Venezuela, has urged for the resumption of negotiations between the United States and Venezuela following the cancellation of a license that permitted Chevron to operate within Venezuela. The business community expressed concerns regarding the potential severe impact this decision may have on the Venezuelan economy and numerous businesses.
In a statement released on Wednesday, Fedecamaras emphasized the necessity for dialogue by stating, “We call on the governments of the United States and Venezuela to restart conversations.” This appeal highlights the urgent need for cooperation to mitigate the economic repercussions of the license cancellation for oil operations in the country.
Fedecamaras has asserted the importance of diplomatic discussions between the United States and Venezuela in light of the troubling economic implications stemming from Chevron’s license cancellation. By advocating for the revival of talks, they aim to address the challenges faced by the Venezuelan economy and its businesses.
Original Source: www.marketscreener.com
