President Maduro: 'Venezuela is open to the world for investment' - MPPRE

President Maduro: ‘Venezuela is open to the world for investment’

President Nicolás Maduro reiterated his invitation to the world’s investors to visualize the new financial options offered by the Anti-Blockade Law for National Development and the Guarantee of Human Rights.

“We have the Anti-Blockade Law, the new National Assembly, which is going to put forward a set of laws to make investment flexible in the Venezuelan economic activity. Venezuela is open to the world for investment,” stressed Maduro, who invited investors from Mexico, Panama, Colombia, Brazil, Argentina, Latin America Latina, the Caribbean and the United States to know the special conditions to promote financial, economic activities in the country.

The Venezuelan president highlighted that Venezuela maintains strong cooperation ties with countries such as the Russian Federation, the People’s Republic of China, the Islamic Republic of Iran, Cuba, India, Turkey and African countries, relations that will be further strengthened in 2021.

“With the Anti-Blockade Law, we have moved forward with new alliances in different areas of investment,” he said in an interview with Spanish writer and journalist Ignacio Ramonet.

President Maduro explained that due to the coercive measures imposed by the Donald Trump administration against Venezuela, U.S. investors and debt holders have been affected.

“If there is someone who has harmed U.S. investors and debt holders, it is Donald Trump and his extremist policies against Venezuela. We paid US $ 132 billion from 2010 to 2017, until Trump took office. That was a profit for financial investors,” said the Venezuelan president.

In that same vein, he reaffirmed his will to negotiate and comply with all financial commitments. “They know we keep our word and we are reliable for financial activity,” he said.

The Anti-Blockade Law for National Development and the Guarantee of Human Rights will enable to develop norms making investment in Venezuela easier to reactivate Venezuela’s economic areas.