Delcy Rodríguez met with the US Secretary of the Interior to boost investments in Venezuela

The government of Venezuela and the United States took a new step in strengthening their bilateral relationship after a meeting in Caracas between Venezuelan President Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum.

The meeting, held at the Miraflores Palace, focused on promoting joint projects in the energy and mining sectors, with the objective of exploiting the strategic resource potential of the South American country and encouraging new international investments.

During the meeting, both parties agreed on the importance of advancing a cooperation agenda that would allow the joint development of Venezuela's productive capacities.

Rodríguez said that the dialogue between the two governments seeks to promote economic growth and generate benefits for both nations.

Energy and Mining Cooperation

As reported by the Venezuelan government, the meeting with the U.S. delegation was aimed at strengthening bilateral exchange in key areas such as energy, mining and natural resources

.

The Secretary of the Interior of the United States arrived accompanied by representatives of companies in the extractive sector interested in evaluating investment opportunities in Venezuela, particularly in projects related to strategic minerals and energy development.

The meeting also takes place in a context of diplomatic rapprochement between the two countries after years of political tension and rupture of

relations.

Rodríguez said that cooperation with Washington seeks to promote the development of the country's natural resources through a scheme of joint work and shared benefits.

Legal reform to attract investment

As part of this process, the Venezuelan government announced that in the coming days it will submit to the National Assembly an extension of the Mining Law

.

The objective of the reform is to modernize the regulatory framework of the sector and facilitate the arrival of foreign investment to develop mining projects.

The Venezuelan Parliament indicated that the project will seek to strengthen the legal basis to promote national and international investment in the extractive industry.

The reform is in addition to recent changes in the energy sector that aim to make the resource exploitation model more flexible and open up new opportunities for international companies interested in participating in the production of oil

, gas and minerals.

A new chapter in the bilateral relationship

The meeting between Rodríguez and Burgum reflects a significant change in the relationship between Caracas and Washington

.

In recent months, both governments resumed diplomatic dialogue and began to explore areas of strategic cooperation, especially in sectors linked to natural resources and energy security.

The President of the United States, Donald Trump, recently highlighted the progress made in the bilateral relationship and valued his collaboration with the Venezuelan government in energy matters.

The approach is also part of Washington's broader strategy to strengthen access to critical minerals and energy resources in the Americas.

Venezuela has significant oil reserves, as well as strategic minerals such as gold, diamonds, bauxite and coltan, making the country a key potential partner for investment and industrial development projects.

A process of economic opening

up

The Venezuelan government believes that strengthening international cooperation will be essential to promote economic recovery and modernize its productive sector

.

The authorities maintain that the development of energy and mining projects will generate new sources of employment, increase exports and consolidate Venezuela as a relevant player in the global market for strategic resources.

With this new approach with the United States, Caracas seeks to position itself as an attractive destination for investments in key sectors of the economy.