Venezuela Seeks Chinese Oil Investments ...Middle East

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Venezuela Seeks Chinese Oil Investments
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Venezuela’s vice president and oil ministers are visiting China with the mission of securing investments in the country’s energy industry, Bloomberg has reported, citing unnamed sources. The move to further strengthen ties with China comes as the Biden administration tries to forge a less hostile relationship with Caracas and has already drafted a proposal for sanction relief in case Venezuela fulfills some conditions. "Should Venezuela take concrete actions toward restoring democracy, leading to free and fair elections, we are prepared…

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