It will allow the release of frozen funds abroad

Venezuelan authorities announce an agreement with the opposition

The two poles of the Venezuelan crisis, President Maduro (right) and opposition leader Juan Guido, failed more than once to agree on a solution to the crisis.

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The Venezuelan authorities announced, the day before yesterday, that they would sign an agreement with the opposition that would allow the liberation of frozen Venezuelan resources abroad, in order to finance social projects, after the resumption of negotiations between the two parties in Mexico.

"We agreed to sign in Mexico" an agreement that would create a "practical mechanism aimed at responding to vital social needs and problems of public service," said Jorge Rodriguez, the speaker of Parliament and head of the authority's delegation charged with negotiating with the opposition, "with" the restoration of legitimate resources and property of the Venezuelan state, which Today it is frozen in the international financial system.

A source in the opposition told "Agence France Presse" on Wednesday that an agreement of a "social" nature would be signed (today) on Saturday.

These funds will be used in particular to strengthen the public health system, school infrastructure and the electricity network, in addition to "responding" to the needs resulting from floods and landslides caused by rain, according to the statement.

The statement did not specify the amount of funds that would be released after they were frozen following the imposition of financial sanctions on Venezuela.

The Norwegian embassy in Mexico confirmed that representatives of the two parties, the authority and the opposition, will officially resume their talks today, Saturday.

The Venezuelan government and opposition began negotiations in Mexico in August 2021, after the failure of two previous attempts to resolve the political crisis.

But the government suspended negotiations in October 2021 in response to the extradition of Alex Saab, a close friend of the Venezuelan president and mediator of power abroad, to the United States, which accused him of money laundering.

Since then, a number of international mediators have tried to re-launch the negotiations, including French President Emmanuel Macron, in addition to the mediation of the Vatican, which recently sent a delegation to Caracas.

 The released funds will be used to strengthen the public health system, school infrastructure, and the electricity grid, as well as to "respond" to needs caused by floods and landslides caused by rain.

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