Fedecamaras, a Venezuelan business guild, has called for the resumption of US-Venezuela talks after the cancellation of Chevron’s operational license. They expressed concerns about significant negative economic impacts stemming from this decision, affecting various businesses. The guild stresses the need for renewed dialogue between the two nations.
The Venezuelan business guild, Fedecamaras, has urged the United States and Venezuela to engage in negotiations following the recent cancellation of a license that permitted Chevron to conduct operations in Venezuela. This licensing revocation is believed to have potential adverse effects on the Venezuelan economy, which could affect numerous businesses and sectors. In a statement issued on Tuesday, which became public on Wednesday, Fedecamaras emphasized the importance of dialogue between the two nations to mitigate these anticipated consequences.
The cancellation of Chevron’s operating license has prompted Fedecamaras to advocate for renewed talks between the United States and Venezuela. The guild highlights that the economic repercussions of this decision could be severe, affecting a wide array of businesses in Venezuela. Thus, the necessity for diplomatic engagement is critical to address the economic challenges ahead.
Original Source: energy.economictimes.indiatimes.com
