Fedecamaras, a Venezuelan business guild, has called for the United States and Venezuela to restart negotiations following the cancellation of Chevron’s operating license by President Trump. They warned of significant negative impacts on the economy and urged both governments to engage in discussions.

The Venezuelan business association, Fedecamaras, has urged the United States and Venezuela to initiate talks in light of President Donald Trump’s recent decision to revoke a license that permitted Chevron to operate in the country. The organization expressed that such a cancellation could lead to significant adverse effects on the national economy, affecting numerous sectors. In their formal statement, they emphasized the importance of resuming dialogue between the two nations for the benefit of businesses and the broader economic landscape.

In summary, Fedecamaras has highlighted the critical need for dialogue between the United States and Venezuela following the cancellation of Chevron’s operating license. They warned that this decision may have severe economic repercussions, underlining the potential benefits of constructive engagement between the two governments.

Original Source: www.marketscreener.com