XM does not provide services to residents of the United States of America.

US says it's still open to talks with Venezuela after Maduro announces meeting



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>US says it's still open to talks with Venezuela after Maduro announces meeting</title></head><body>

By Daphne Psaledakis and Matt Spetalnick

WASHINGTON, July 2 (Reuters) -The Biden administration remains open to dialogue with the Venezuelan government, U.S. officials said on Tuesday after President Nicolas Maduro said he had agreed to restart direct talks just weeks ahead of a July 28 presidential election in Venezuela.

The officials said the U.S. had previously indicated it welcomed discussions "in good faith" but they stopped short of confirming Maduro’s statement late on Monday that a meeting was now scheduled in coming days.

The Socialist president is seeking a third term in office while Washington has expressed concern about whether he will make good on his promises to hold a free and fair election. Western governments dismissed his 2018 re-election as a sham.

Maduro is now pitted against Edmundo Gonzalez, a veteran ex-diplomat who was named the main opposition candidate after primary winner Maria Corina Machado had a ban on holding office upheld by the Supreme Court, a move condemned by the U.S. at the time.

Machado has since given Gonzalez her backing, and he has built a large lead over Maduro in opinion polls.

The U.S. reimposed oil sanctions on OPEC-member Venezuela in mid-April, accusing Maduro of not fully complying with electoral guarantees he made in deals with the opposition.

Maduro said in a television program that he had accepted Washington's proposal to restart talks with the U.S. "to comply with the agreements signed in Qatar and to re-establish the terms of the dialogue with respect."

Secret negotiations between the U.S. and Venezuela in Qatar late last year helped pave the way to Maduro’s scheduling of elections this month.

"I'm just not going to get into the specifics of our diplomatic engagements beyond just saying that in the context of Venezuela - you've heard us say this before - we of course welcome dialogue in good faith, and we support the Venezuelan people's desire for competitive and inclusive elections on July 28,” U.S. State Department spokesperson Vedant Patel said.

“We are clear-eyed that democratic change will not be easy and certainly requires a serious commitment,” Patel told a daily briefing in Washington.

Venezuelan official negotiator and National Assembly President Jorge Rodriguez will participate in the talks, Maduro said, without detailing the specific topics to be discussed.

It was not immediately known whether the meeting would be in person or held virtually. A previous meeting between senior U.S. officials and Maduro's representatives took place in Mexico in mid-April.



Reporting By Matt Spetalnick and Daphne Psaledakis in Washington; additional reporting by Vivian Sequera in Caracas; editing by Mark Heinrich

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.