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US envoy arrives in Venezuela to reopen mission after seven years

US envoy arrives in Venezuela to reopen mission after seven years

Summary

A U.S. envoy has arrived in Venezuela to reopen a diplomatic mission seven years after it was closed. This follows the U.S. capture of Venezuela's then-president, Nicolas Maduro, who now faces charges in New York. Both countries are working on improving relations and making deals, especially concerning Venezuela's oil industry.

Key Facts

  • A U.S. envoy, Laura Dogu, has arrived in Caracas to reopen a U.S. diplomatic mission.
  • The reopening comes after the U.S. captured Nicolas Maduro, the former president of Venezuela.
  • Maduro is charged with drug trafficking and narcoterrorism in New York.
  • Venezuela and the U.S. previously cut diplomatic ties in February 2019.
  • The two countries are discussing a "roadmap" to resolve differences through diplomatic talks.
  • Venezuela has agreed to export up to $2 billion in crude oil to the U.S.
  • A new Venezuelan law will allow more private involvement in its oil industry and require that legal disputes be settled outside Venezuelan courts.
  • The U.S. plans to loosen some sanctions on Venezuela's oil sector.
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