“Venezuela has declared a renegotiation of all its external commitments, and in it we have included all debts”, announced on Monday the President of the Republic, Nicolás Maduro, at a press conference with national and international media from the Yellow House in Caracas.
He affirmed that this initiative will be coordinated by the Executive Vice President, Delcy Rodríguez, and the Sectorial Vice President of Economy, Tareck El Aissami, “It has gone quite well and I have instructed to resume the contact and renegotiation processes”.
He asked for a meeting with all bondholders in Venezuela to propose new methods of payment of external commitments.
The Head of State, however, stressed that the main obstacle has been presented by Donald Trump, president of the United States, “which prevents us from making any transactions, and that is our point to negotiate”.
He clarified that the Bolivarian nation has paid its debt service in a timely manner until unilateral coercive measures arrived in 2017 and escalated in 2018 that interrupted the payments to date.
“We are ready to renegotiate to fulfill the commitments, in exchange for the opening of doors for refinancing, to which all countries are entitled”, said the Venezuelan president.
He alerted that the debt holders in the United States ask Trump to invade Venezuela to collect it: “You don’t need to do that, gentlemen bondholders, we are good payers; we want the sanctions to be lifted”.
The Head of State also informed that in the next few days authorities from the Central Bank of Venezuela, the Ministry of People’s Power for Economy and Finance and the Presidency of the Republic will make new announcements about the use of Petro for international payments, especially from oil resources:
“The BCV is working in the world of cryptocurrencies as a free system for national and international payments and in the coming days there will be important announcements”, he said.